U.S. economy dip does not bode well for trucking industry - Commercial Truck Insurance | National Independent Truckers Insurance Company

U.S. economy dip does not bode well for trucking industry - Commercial Truck Insurance | National Independent Truckers Insurance Company Contact Us National Independent Truckers Insurance Company, RRG. 610-618 W. St. Georges Ave. Linden, NJ 07036 Phone: (888) 237-7922 or 908-587-2500 info@truckinsurancenitic.com Economic conditions in the U.S. may not forebode well for the U.S. trucking industry in the coming months. Despite an upswing in August, U.S. trucking firms may face a drop in shipments as shippers use the slowdown to cut costs. Both the American Trucking Associations and the Cass Freight Index showed increases in August with the year-on-year freight index showing a 7.4 percent increase. U.S. truckers rolled through August at a better clip than anticipated. The American Trucking Association’s For-Hire Truck Tonnage Index shows a 2.8 percent gain for the month, reversing a 1.5 percent slip in July. Year-on-year, the index is up 7.4 percent. The Cass Freight Index for Aug

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