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PROGNOSIS * Canada - CTA: Trucking to prosper
It may take the better part of 2009, at least, for the North American economy to stabilize and begin to recover, when it does, the demand for trucking services will likely outweigh the supply...
ONT,Canada -The Bulk Transporter -Dec 2, 2008: -- ... said David Bradley, Canadian Trucking Alliance (CTA) chief executive officer... The major problem facing truckers over the past year, or more, has been one of over-capacity--too many trucks for the level of freight being generated by the economy... “It’s been a tough year for everyone, motor carriers and shippers, and this has resulted in downward pressure on freight rates in 2008," Bradley said... In many traffic lanes, both international and domestic, there were simply too many trucks chasing the freight. However, the trucking industry across North America has been shedding capacity...Labels: trucking markets prognosis
posted by Unknown @ 8:07 PM
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