TRUCKING INDUSTRY * USA - Time does not change everything
After recently making his way back into the trucking industry, Bill Graves found that the problems that plagued it 20 years ago are the very same problems that bedevil the motor freight industry today
North Attleboro,MA,USA -DC Velocity, by Mitch Mac Donald -July 2006: -- When Bill Graves talks trucking, he knows whereof he speaks. The former Kansas governor grew up in the business, as part of the family that owned and operated Graves Trucking Co... Now that he's moved from the executive office in Topeka to the American Trucking Associations' headquarters inside the Washington Beltway, he's back in the business. And to his surprise, the problems that plagued the industry back when he worked in trucking are the very same problems that bedevil the motor freight industry today... "Take the driver shortage, for example... Then there's the nation's infrastructure... We have failed miserably," Graves states. "Ike wouldn't be happy with what we have ignored. We are going to do some serious damage to our economy if we don't take care of the [infrastructure] we need to keep ... this economy... in good shape"... Is there any hope that these decades-old issues will ever be resolved? Yes, says Graves, but it won't be easy... Like John Ficker of the National Industrial Transportation League (NITL), Graves believes the answer lies in formulating a national freight transportation policy... Toll money may keep the system running, he says, but it can't begin to cover construction costs. Without funds, the states will be forced to put off critical maintenance and repairs, which "will cost all of us more, much more, in the long run"...
* Trucking Companies Rise
New York,NY,USA -Forbes/Associated Press -2 July 2007: -- Shares of trucking companies mostly gained Monday, boosted by a report suggesting the need for raw materials, and in turn the demand for means to transport those goods, is on the rise... The Institute for Supply Management said early Monday that manufacturing across American plants and facilities grew for the fifth straight month in June. The institute also reported that its index measuring the nation's overall economy saw its 68th consecutive month of growth... Here is how some key trucking stocks did Monday:...
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