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MUDDIES - USA - Federal Reserve: Fuel muddies outlook for trucking
USA -eTrucker,by Jill Dunn -Apr 27, 2005: -- U.S. business activity continues expanding, but rising energy costs have softened trucking “somewhat” in several regions, the Federal Reserve reported... From late February to early April, several Federal Reserve districts – Cleveland, Richmond, Chicago and Minneapolis – reported that higher fuel costs had forced trucking and shipping firms to install fuel surcharges... Energy prices could soften consumer demand for the goods provided by trucks... http://www.etrucker.com/apps/news/article.asp?id=47183
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