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Outlook for Trucking is Stellar, ATA Economist Says

Outlook for Trucking is Stellar, ATA Economist Says

The trucking industry is seeing the best economic climate since deregulation, according to Bob Costello, chief economist and senior vice president of the American Trucking Associations.

February 27, 2018

Economy Improving, But Challenges Abound

Economy Improving, But Challenges Abound

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.

September 14, 2015

Perry: Economy Improving, But Volatile

Perry: Economy Improving, But Volatile

The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.

May 6, 2015

Trucking Productivity Facing Challenges

Trucking Productivity Facing Challenges

Logistics cost as a percent of GDP has been declining over the last 30 years, from 16% before deregulation to 8% now. But while logistics costs have been reduced, productivity has leveled out and may even decrease, according to Stifel's John Larkin, speaking at TMW's annual user conference.

September 22, 2014

ATA Economist: Industry Faces Capacity Crunch

ATA Economist: Industry Faces Capacity Crunch

ANAHEIM -- The trucking industry is looking at a severe capacity crunch in coming years with a variety of factors contributing to the situation, according to Bob Costello, chief economist of the American Trucking Associations.

September 24, 2013

6 Myths About the Economy

6 Myths About the Economy

“I think it’s pretty astounding this economy continues to grow when you think about the shocks it’s taken," said Bob Costello, chief economist & vice president, American Trucking Associations, speaking at TMW Systems’ Transforum user conference in Anaheim, Calif., Tuesday.

September 24, 2013

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