Where The Rubber Meets The Road
From a Naybob of Transport...
Nothing good in this weeks economic report, and in fact I believe they are going to get markedly worse before they get better.
April’s numbers are going to make March look like a good month. I think April is going to look a lot more like January than March.
We typically follow the overall trend though I would say we are almost always on the upside of the ATA reports. However as we all know, our numbers came it pretty good in March.
In fact our revenue was up year over year with every single customer except Toyota, and excluding fuel surcharges which were very large in 2008, our EDITDA and EBIT numbers were up as well.
April on the other hand is proving to be a very soft month for us, and a lot worse than March, and I think this will be reflected in the ATA’s numbers when they start to show April results.
When our numbers are up they show up on the ATA report and when we are soft or slow they are a disaster on the ATA’s weekly. We shall see.
Having said that, if the auto industry is indicative of the any recovery in the market place, it did not happen in April.
I suspect we will see an uptick in May and then June and July are traditionally two of the worst months and no doubt will be ugly this year.
Therefore any recovery in my humble opinion will probably not start until August as has been predicted by so many at the end of last year,
and hopefully it will start in August as I have been predicting all year. Lets sure hope so.
Nothing good in this weeks economic report, and in fact I believe they are going to get markedly worse before they get better.
April’s numbers are going to make March look like a good month. I think April is going to look a lot more like January than March.
We typically follow the overall trend though I would say we are almost always on the upside of the ATA reports. However as we all know, our numbers came it pretty good in March.
In fact our revenue was up year over year with every single customer except Toyota, and excluding fuel surcharges which were very large in 2008, our EDITDA and EBIT numbers were up as well.
April on the other hand is proving to be a very soft month for us, and a lot worse than March, and I think this will be reflected in the ATA’s numbers when they start to show April results.
When our numbers are up they show up on the ATA report and when we are soft or slow they are a disaster on the ATA’s weekly. We shall see.
Having said that, if the auto industry is indicative of the any recovery in the market place, it did not happen in April.
I suspect we will see an uptick in May and then June and July are traditionally two of the worst months and no doubt will be ugly this year.
Therefore any recovery in my humble opinion will probably not start until August as has been predicted by so many at the end of last year,
and hopefully it will start in August as I have been predicting all year. Lets sure hope so.
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