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PROGNOSIS * USA - Hebe's T.O. take on economy, engine regs, and truckers on the ropes
The North American owner-operator as we know him is nearing extinction
Toronto,ONT,Canada -Today's Trucking -3 Feb 2009: -- ... Keep reading because that's just one of many candid industry insights offered by the outspoken former Freightliner honcho-turned-Navistar International senior VP, North American sales operations, while in Toronto last week... Unless he's married to a strong, dedicated carrier to help him structure payments, get cheaper insurance and have steady access to profitable freight, "the day of the owner-operator as an independent stand-alone is coming to and end," the always provocative Jim Hebe told a group of loyal Canadian customers at a private dinner. "And he's not coming back."... Hebe says that a combination of demographics, bad economics and stringent regulations, has taken a severe toll on the pool of owner-ops in Canada and the U.S., adding that new hours-of-service rules alone have chased many independent haulers out of the industry already... "Running legal doesn't work for a lot of (owner ops') business models," Hebe said... As for fleets, the largest truckload carriers are realizing that "big is big enough." Many are downsizing and drastically cutting capacity with no intention of ramping up just for marketshare's sake in the foreseeable future... (Photo: Addressing his Canadian customers, Navistar's Jim Hebe didn't hold back in explaining the challenges trucking in North America faces over the next few years)Labels: trucking markets prognosis
posted by Unknown @ 8:49 AM
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