TRUCKING ANALYSIS * USA
* Analysis - Truckload Carriers Again Enjoy a Solid Q4 and Full 2011
Springboro,OH,USA -Supply Chain Digest -29 Feb 2012: -- From being one the most beleaguered industries around in 2008 and 2009, truckload carriers have mostly been on a roll starting some time on 2010 and continuing on through 2011... The story is much the same in the truckload sector for both the quarter and the full year: gradually rising freight volumes combined with strong asset discipline on the part of the carriers (in some cases caused in part by the on-going driver shortage) has led to increases in rates and the ability to be more choosy about what freight to haul, resulting in significant improvements in operating ratios and total profits... In Q4, for example, as shown in the chart below, revenues in Q4 for the full group were up 14.8%, including fuel surcharges, which account for about one-third of that increase... Profits were up strongly over Q4 2010 for everyone but Heartland, including a jump at Swift from a loss of $48 million to a profit of $36 million in Q4 of 2011 - quite an improvement...
Labels: trucking industry analysis USA
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