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Durable Goods in High Demand, Good News for Truck Drivers

Posted by Genie Wood on Fri, Jun 25, 2010 @ 09:24 AM


Durable goods orders increased three percent in January 2010, according to the Department of Commerce.


 


The increase followed a revised 1.9 percent jump in December, excluding transportation equipment orders, which tend to be volatile, orders fell 0.6 percent. The transportation boost was led by a 126 percent increase in demand for commercial aircraft. Economists had forecast to increase 1.5 percent.


 


Durable goods include large items such as refrigerators or air conditioners. Trucking is a major beneficiary of durable goods manufacturing, hauling parts, components, and finished goods.


 


If you need help with truck factoring, contact TBS Truck Factoring, LLC, by calling 800-207-7661.