Journal of Commerce--There may be more of a peak in trucking’s peak shipping season than expected this year, according to Morgan Stanley Research. The firm’s dry van truckload freight index increased over the past two weeks, and is trending above average.

“This suggests that (the market) may be underestimating the potential strength of underlying freight demand,” the research firm said in a Sept. 26 note to investors.

Shipper reports of tight truckload capacity and higher rates, while normal for this time of year, seem more a bullish signal for truckload carriers when balanced against diminishing macroeconomic expectations, Morgan Stanley said. Read more!