Analyst predicts better times ahead for trucking, economy
Demand for trucking services is up while trucking capacity is down, two very positive economic signs — and A.G. Edwards & Sons trucking analyst Donald A. Broughton sees good things ahead for trucking into 2005 and perhaps beyond.
The article went on to say -
The fact that traffic managers [...]
For-Hire Carriers See Profits Climb Sharply
Truckload carriers that rushed to raise freight rates earlier this year because of new driver work rules generally posted sharply higher profits for the first quarter despite surging fuel prices, tightened industry capacity and a tight labor market.
Higher rates will cause higher profits no matter what the fuel price. Imagine [...]
First, I can’t totally 100% rely on it, especially in a big city with small overpasses. It’s very good, but not perfect (none of them are). That’s why I usually call and get directions, just in case. I’m going downtown Chicago. I call and get directions. The kid tells me to get off I-55 [...]
We need to stop passing out bear reports over the radio. We only help the criminals among us. People that excessively speed usually tailgate and are probably behind in their logbook or have multiple logbooks. Why are we protecting these truckers?
I’ve heard the stories of people getting a 56 mph ticket in a 55 mph [...]
Prof. Belman is quoted at
Bridgestone/Firestone Commercial Truck Tires
“If there truly were a driver ‘shortage,’ we would have expected to see wages rising and tractors sitting idle. And we really didn’t see that.”
This article has a ton of good points. This was serious research done on the trucking industry.
I found two articles about the action in California that weren’t the same AP release that was everywhere. The San Jose Business Journal and the CalTrade Report. The so-called industry trade associations are denouncing the action as illegal. Yeah, it was but it made the national news.