TRUCKING INDUSTRY NEWS * USA
OPTIMISM * Analyst predicts better days ahead
Nashville,IN,USA -Land Line Magazine, by Reed Black -December 16, 2008: -- Despite all the layoffs and cutbacks in most sectors of the economy, at least one trucking industry analyst predicts better days ahead... Noel Perry of FTR Associates says the yearlong period from the second quarter of this year to the second quarter of the next will be the worst 12 months in 30 years in terms of transportation demand... But Perry told that in the second half of 2009 the bleeding should stop... Perry says that, by 2010 he expects to see actual growth in the trucking industry...
* FedEx Freight job cuts are latest sign of tough times in LTL sector
Memphis,TEN,USA -Logistics Management, by Jeff Berman -16 Dec 2008: -- ... The Memphis Daily News reported that FedEx Freight will cut 450 jobs throughout the U.S... These FedEx Freight cuts will occur at 150 facilities within the FedEx Freight network, according to the report, and some employees will have the opportunity to work at other locations while others could be recalled within 90 days. Roughly 35,000 people are employed nationwide by FedEx’s trucking network...
* Truckers, others in Antelope Valley, CA, to fight truck parking ban
Antelope Valley,CAL,USA -Land Line Magazine -December 15, 2008: -- Besides struggling to find work as the demand for freight continues to plummet, truckers in the Antelope Valley have been dealt another blow... Truckers there are being fined as much as $1,000 and threatened with six months in jail after being cited for parking their rigs on their own property in the unincorporated area of Los Angeles County... Some truckers plan to meet in Littlerock, CA, at 7 p.m. on Friday, Dec. 19, to discuss ways they can fight the county’s truck parking ordinance issue, which could force some to relocate or pay to garage their trucks elsewhere... Tom Fidger, an owner-operator from Littlerock, CA, is hosting the meeting at his workshop on Friday night...
Labels: trucking industry news USA
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