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FUTURE - USA - ATA economist sees strong freight for years
USA -eTrucker,by Max Heine -25/05/2005: -- Expect plenty of freight in the coming years, but no relief from costly fuel or the driver shortage, a top trucking economist said May 24... For-hire truck tonnage grew 5.7 percent in 2004, the biggest increase since 1998, and for-hire fleets are proving to be more efficient than private fleets, Costello said. “They haul 52 percent of the tonnage with 40 percent of the trucks,” Costello said. “There’s a lot of opportunity there"... Less-than-truckload has seen the strongest increase in freight volumes, 16.4 percent, based on year-to-date figures through March versus a year ago. Reefer is next highest, followed by flatbed... During the same period there have been “unprecedented increases in average revenue per mile,” Costello said. Truckload revenue per mile is up 13.3 percent. LTL revenue per ton is up 7.7 percent...
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