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Nov 16, 2010

DRIVERS' SHORTAGE * USA - Schneider's Lofgren Sounds Truck Capacity Warning

CSA 2010 could cull 10 percent of driver pool, truckload chief says

Fort Lauderdale,FL,USA -The Journal of Commerce Online, by William B. Cassidy -Nov 15, 2010: ... As the Department of Transportation's CSA 2010 initiative takes effect, new safety regulations will tighten truck capacity for shippers, perhaps dramatically, perhaps as early as the second half of 2011, pushing up truck rates and potentially shifting some freight to other modes, a top carrier executive warns, prognostic Christopher B. Lofgren, president and CEO of truckload giant Schneider National... That could have a ripple effect across other modes and along international supply chains next year as importers and exporters try to secure trucks at higher prices... Lofgren was one of three CEO panelists at a Nov. 15 industry meeting who cautioned shippers about a coming capacity crunch on the nation's highways... "There is a real possibility that as CSA 2010 kicks in there will be a shortage in (truck) supply," Lofgren said. "It's not a matter of buying new trucks (to build out capacity), it's finding new drivers" that will be difficult, he said... Lofgren spoke on a CEO panel at the joint annual meeting of the National Industrial Transportation League, Intermodal Association of North America and Transportation Intermediaries Association...

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