Monday, April 11, 2011

Is trucking ready for the next downturn?

The most recent “State of Freight” outlook provided by research firm FTR Associates indicates that positive short-term trends for the trucking industry will eventually go negative over the long term – meaning that carriers should start preparing for the next “down cycle” right now.
“The conclusions for trucking are quite different when you look at the economy in the short term versus the long term,” explained Noël Perry, senior consultant with FTR and principal of consulting firm Transport Fundamentals, during a conference call with analysts and reporters.
Right now, near term, truck freight volumes will continue to increase, which, when placed alongside a continued dearth of capacity, means rates will also keep rising.

Read it completely  here >>

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