Equipment Sector — Trucking
A ‘Double Dip’ on the Horizon?
‘Not Likely’ Says NTEA Economist
While the media and jittery investors may be seeing another recession on the horizon, NTEA economist Steve Latin-Kasper doesn’t see it as likely. A turbulent European economy and the unbecoming proceedings surrounding the debt ceiling debate notwithstanding, Latin-Kasper thinks it’s hard to have a recession when business, consumer and government expenditures are expected to increase in 2012.
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Hammer Down: New Opportunities Surface as Trucking Industry ‘Kicks Into Gear’
The trucking industry appears to be “kicking into gear.” As such, the Monitor sought out Jon Eide, national sales manager for the Commercial Vehicle Group at Wells Fargo Equipment Finance to share his perspective. From where he sits, Eide sees many new opportunities on the horizon.
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At Long Last, Tangible Signs of a Recovery ‘Round the Bend’
As a sector, trucking is exhibiting signs that recovery is somewhere “round the bend,” but as one equipment finance executive sees it, four basic phenomena will kick this sector into high gear: pent-up demand, improving technology, reduced capacity and, at the very core, a forward-moving economy. And as the year wears on, the last point [...]
Read more...Date Posted September 27, 2011
ATA Economist Predicts More ‘Slow Going’ for the Trucking Industry
Although modest growth in the trucking industry’s future seems imminent, it still looks to be slow going and will be for some time, according to American Trucking Associations economist Tavio Headley. Echoing the hesitant estimates of growth that Bob Costello provided the Monitor with last year, Headley remains cautiously optimistic.
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ATA’s Economist Sees Trucking Rebound as ‘Slow Going’
Publisher Jerry Parrotto recently spent some time with Bob Costello, chief economist of the American Transportation Associations. In an exclusive interview, Costello provided some valuable insights into the state of the trucking industry and explained why it probably won’t rebound as quickly as we would all like. We asked Jerry to sum up what he learned.
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A Transportation Equipment Dynasty
North America’s Largest Commercial Truck Dealer Weathers the Storm
Texans have a reputation for telling it like it is. So, when we wanted to get the skinny on how the domestic truck market is faring as the recession begins to wind down, we went to Rusty Rush, president and chief executive officer of Houston-based Rush Enterprises. Rush pulls no punches when describing the trauma the trucking industry, and his own company, have endured over the past two years.
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Trucking Industry at a Crossroads
Performance Improvement Strategies for the Long Haul
The American Trucking Association estimates that trucks haul 70% of all freight tonnage and that 80% of all U.S. communities receive their goods exclusively by truck, which means that distress in the trucking industry has the potential to increase the cost of nearly all products consumed by Americans. But opportunities are out there for those that develop roadmaps for success.
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Riding Through the Rough Times
Trucking Markets Face Tough Year Amid Regulatory Changes, Freight Softening
Although the trucking industry has suffered throughout 2007 due to a drop in freight tonnage and expensive changes in emissions regulations, many truck leasing executives say that the wait for a rebound is almost over. In a roundtable with four such execs, the concensus is that trucking will bounce back by the end of the year into 2008.
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Private Equity Reshapes Trucking as Investors Bolster Top Carriers
A rising tide of buyouts by private equity firms is changing the competitive landscape of trucking. Not only is the process accelerating a transition from small family-run companies to large, professionally managed corporations, it is changing the way many for-hire carriers are organized and managed.
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