Prolonged uptick in truck and trailer orders ‘cause for concern’

Reliance Partners CFO Thom Albrecht warns that the bullish parts of freight cycles for carriers are getting shorter in duration on the upside and nastier and longer on the downside. He notes that a shift could be abrupt and felt significantly by carriers when a lot of new equipment is delivered to the market. 

Such deliveries may occur at a time when consumers resume spending on services as opposed to heavy spending on goods, up 7% in recent months compared to an almost 7% drop in services...

https://www.freightwaves.com/news/prolonged-uptick-in-truck-and-trailer-orders-cause-for-concern

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