Unfortunately, it appears my predictions have been right. As the article states, it looks like inventory has "stalled" on the superhighways. Watching trucking is a great way to get to know what is happening in the economy and it clearly is a leading indicator of things to come. Trucking always picks up early and dies fast which tells you what end of the business cycle we are on.
Some of this cannot be just compared to historical norms as intermodal freight has taken market share from trucks. However, trucking still is the predominant way to move freight especially from DC to store; the true measure of what the customer is pulling through consumption.
Keep an eye on December to determine if the holiday sales take off as planned. If they do not, we are in for a long and cold winter.