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OPINIONS * USA - 2009 likely the toughest ever for the trucking industry
Fort Smith,AR,USA -The City Wire -19 Jan 2010: -- The American Trucking Associations' notes that in 2009 “the motor carrier industry has potentially endured the most severe drop in volumes ever"... Lane Kidd, director of the Arkansas Trucking Association, agrees. He said most Arkansas-based trucking companies still operating were “significantly” damaged in 2009. He said they employ fewer people, have lower balance sheets and have incurred a lot of debt... The Arkansas association recently began calling about 250 small trucking operations in the state — typically firms with fewer than five trucks — as part of a membership drive. Of the about 170 calls made so far, 41% were no longer in business... Kidd explained, adding that the Arkansas experience is probably no more or less severe than what is happening around the country... The good news is that Kidd reports an increase in anecdotal evidence suggesting improvements... (Photo from freeengineer.org: Welcome To Arkansas)
Labels: trucking industry opinions
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