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Analysts * USA - Trucking recovery in 2010
USA - eTrucker, by Linda Longton -7 May 2009: -- Despite signs the economy may be approaching bottom and indications of a slightly more optimistic attitude in the trucking market, it is not clear sailing yet... Those were the conclusions of the Commercial Vehicle Truck and Trailer Outlook and Update online seminar hosted by FTR Associates May 7... On the positive side, sales in the housing market have stabilized, consumer sentiment has improved and the stock market – while still well below last year’s levels – has risen and is roughly flat for the year, said Bill Witte, with the Center for Econometric Model Research, the primary engine FTR uses to drive its forecasts... Other positives include a financial market that’s no longer completely frozen and the fact that initial claims for unemployment seem to have peaked about a month ago...* Volvo backs bigger truck combos
Boston,MD,USA -eTrucker, by Avery Vise -7 May 2009: -- The United States faces a huge gap in the coming years between the amount of freight that needs to be hauled and the amount that can be hauled given current constraints, and longer combination vehicles could help meet the challenge, a top executive of Volvo Trucks North America said Friday, May 8... “The challenge is to safely deliver more freight, more efficiently in support of current and future demands,” said Scott Kress, senior vice president-sales & marketing. Speaking in Boston at a seminar on climate change policy hosted by Volvo Group North America, Kress said the trucking industry estimates the total amount of freight tonnage in the U.S. will increase 26 percent between 2006 and 2020, requiring a similar increase in available trucks to meet the challenge... But a big increase in the number of trucks will burn more fuel, increase carbon dioxide emissions, exacerbate congestion and increase accident risk exposure, Kress noted, saying the time is right to rethink the current approach... (Photo: the auto channel)
Labels: trucking industry analysis USA
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