Are there signs of recovery? Well, if the MT basket of transport shares is anything to go by there has been a little bit of growth in the past month. But this doesn't tell the full story for all of our big eight transport firms listed on the London Stock Exchange.
While our politicians have been arguing over the UK's Triple A status (or rather lack of Triple A status) the combined share price of transport firms has had a bit of jolly hockey sticks - taking in a rather nice upswing over the past five weeks. As this chart shows...
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This has had a correlating effect on the combined market cap (not always exclusive as this list is heavily weighted by the performance of Rentokil in particular)...
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But not everyone has been so successful in the past five weeks. Let's take a look at the performance of two of the biggest names in UK road transport: Stobart Group and Wincanton. When it comes to the share price - it's not been so jolly...
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And the market cap doesn't make for good reading either.
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So - let's ask the question again. Is there an upturn in the performance of UK road transport? Possibly not...