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Yesterday’s record container shipping data out of LosAngeles area ports is followed by todays Cass Transportation Index covering noncommodities rail and truck shipping as it fell 5.8% in May on a year ago basis,in fact, shipping data for this index is at a 6-year low.  Data from the Association of AmericanRailroads showed that May carloads, which include commodities, had plunged10.3% year-over-year, while containers and trailers had dropped 3.3%, for acombined decline of 6.8%.  So once againincoming data is wildly contradictory.

This is Caleb Lawrence Registered Investment Adviser. His wealth management firm is located at Scotts Valley Drive and Willis Road in the Scotts Valley Plaza, Suite 202 — or call toll free at 888-RICH PIG / 888-742-4744.

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Rebroadcasts, additional writings and other entries are alsoavailable on my Blog at www.clinvestments.com

Advisory services offered through Caleb Lawrence Registered Investment Adviser Inc.

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