Market forecaster * USA - Truck tonmiles continue receding in US
The economic outlook for trucking, especially in the U.S., is uncertain at best, with downside risks having risen significantly in recent months
Indianapolis,Ind,USA -Today's Trucking (CAN) -2 Oct 2007: -- ... That was the near-consensus among truck equipment manufacturers and market analysts at the FTR Associates' annual Freight Transportation Conference held recently in Indianapolis... Many shippers assumed that freight hauling capacity will remain tight over the long term due to the demographically challenging driver shortage, increased levels of highway congestion and ever more stringent government regulations affecting transportation. They agreed that mode selection is key to good transportation management and they indicated that they continuously evaluate the best mode to use... (Photo: Freight tonnage in the U.S. will get worse before it gets better, industry experts predict)
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