Category: Operations

Perry: Hurricanes will reduce U.S. GDP 0.5%

Economist Noël Perry predicts truck freight volumes in the southeast will be off 25% in the short term due to the two hurricanes, Harvey and Irma.

Although it’s too early to collect data regarding the economic impact from Hurricane Irma, which hit Florida this week, using the fallout from Hurricane Harvey’s impact on Texas, Noël Perry, a partner at research firm FTR Transportation Intelligence and senior economist for Truckstop.com, sees significant impact on truck freight volumes ahead.

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