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The economy and freight continues to chug along in an "OK" mode, while stagnant capacity and new and pending regulations put the industry "on the cusp of a capacity crunch" if the economy speeds up, according to a panel of economic and industry experts at the American Trucking Associations' annual convention Sunday.
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There are a number of positives for the U.S. economy and for trucking going forward, but a number of “headwinds” remain. That according to John Larkin, managing director of the investment firm Stifel, Nicolaus & Company.
Read More →The good news is, there's a capacity shortage in the industry, so you should be making money. The bad news is, finding drivers is going to cost you some of that money
Read More →When we drilled into third-quarter GDP to look at the segments of the economy linked to freight demand, the results far exceeded our forecast.
Read More →Some economic indicators have not bounced back as well as others in the recovery from the Great Recession, but trucking is doing well, and a capacity crunch leads economic expert John Larkin to project truckload rates will rise this year.
Read More →The economy is growing, albeit not enough to put a major dent in unemployment, says one economist, who also believes international events may have more influence on the U.S. economy than President Obama
Read More →ORLANDO, Fla. - Unless we go over the "fiscal cliff," the U.S. economy should continue to grow, but at a very modest rate, said Bob Costello, chief economist and vice president of the American Trucking Associations
Read More →Five long days of testing showed trailer aerodynamics and wide-base single tires are best bets to save fuel.
Read More →PHILADELPHIA — Freight volumes and GDP growth have not been as high as many hoped this year, but trucking companies should be ready for growth to return to higher levels, according to a presentation by two economists at the American Trucking Associations’ Management Conference & Exhibition.
Read More →June opened with a series of reports indicating slow economic growth, but growth nonetheless. The Institute for Supply Management's latest Manufacturing Report on Business logged the fourth consecutive month of expansion.
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