Mark Perry at Carpe Diem notes the continued rise in traffic volume. He writes:
The sustained and ongoing improvements in vehicle miles since the summer of 2009, along with a record-high volume for the month of September, indicate that the U.S. economy is recovering gradually, and the chances of a double-dip recession are negligible.
The chart below shows the traffic trend. (See also Calculated Risk for a less optimistic take on this trend.)
Source: Carpe Diem
In related news, according to IPO Home, Swift Transportation Company, the “largest truckload carrier in North America” recently increased the size of its proposed IPO.