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ATA CONVENTION * Australia - 2009 'Ugliest' year for trucking sector
Trucking operators reliant on international trade will suffer the most due to the expected downturn in international markets
Sydney,Australia -ATN/fullyloaded -26 April 2006: -- A leading economist has told the trucking industry to brace for the ‘ugliest’ year since the Great Depression, but says there are still upsides to a declining economy... According to Access Economics’, Chris Richardson, trucking operators reliant on international trade will suffer the most due to the expected downturn in international markets... However, Richardson says the recession means fuel prices are likely to remain lower “for some years to come”, helping to reduce operating costs. He says the Federal Government’s stimulus payments and road infrastructure investment will also help businesses... Despite industry concerns over the impact the recession is having on trucking operators, Richardson expects the sector will be one of the first to benefit once the economy begins to recover... (Photo by hjarsaas- Shell's Rotella)
Labels: trucking markets prognosis
posted by Unknown @ 11:07 AM
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