Holiday Sales Clues Seen in U.S. Rail-Truck Shipments: EcoPulse
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Holiday sales are poised to rise from last year, based on the current volume of goods transported primarily by both truck and rail.
Investors looking for early clues are tracking these shipments now because they’re an “important metric” for gauging activity driven by retailers building up inventories ahead of the holiday season, said Alan Gayle, senior strategist in Atlanta at RidgeWorth Capital Management, which oversees about $48 billion.