Durable Goods in High Demand, Good News for Truck Drivers

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.