byMike Mish Shedlock16 hrs-edited

Transportation is humming according to the US Bureau of Transportation. The Dow transportation index is another matter.

A reader asked me to include the Dow Jones Transportation Index in my analysis of bear markets. That led me to Bureau of Transportation (BTS) data that I had not investigated before.

Here are some charts I created from data downloads plus an additional chart from Fred. The BTS most recent data is for October.

Truck Tonnage Index