Published at: www.worldtrademag.com
Transportation Trends and Government Intervention
June 3, 2010
Of all modes of transportation trucking is the largest in both shipments handled and tonnage. According the Bureau of Transportation Statistics trucking handled 71 percent of the total value of all merchandise transported. Rail companies have capital and assets that cannot be sold off during lean times. The perception of rail transport is that you sacrifice service for cost. Savings are obtained at the expense of transit times and increased damage rates. The debate cannot alter the facts.
Transport Outlook: Flat Growth Due To Slowing Freight Levels & More Regulations
June 3, 2010
There have been numerous rosy pictures being painted about the US economy and the trucking rebounding robustly. We are realists - and also somewhat contrarians as compared to others. While things are definitely off the bottom, we fail to see from our ground level vantage point what will power the freight sector growth ahead. The referenced article gets it right when truckers’ planners assess the freight market and the regulatory environment.