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Oct 3, 2012

TRUCKING INDUSTRY NEWS * USA

* Missouri - “Uneasy” the new watchword for freight

St. Louis,MO,USA -Fleet Owner, by Sean Kilcarr -Oct. 1, 2012: ... John Larkin, a transportation analyst with Stifel Nicolas, noted that his key takeaways from FTR’s annual conference included: the U.S. slow recovery will continue, with current growth barely able to absorb new entrants into the workforce. Manufacturing has recovered about 78% of what it lost during the recession, but has stalled over the past 3 months; and the current recovery has averaged less than half of the growth rate of previous recoveries... Where the truckload market is concerned, Larkin’s takeaways were a little brighter, with rate increases expected to average close to 3% per annum for the current decade, with annual variability... However, he also discerned that industry experts and participants attending the conference do not expect trucking exceed its previous volume peak until the end of the current decade, with no regulatory relief expected to be forthcoming with respect to the new CSA [Compliance Safety Accountability] program, EOBRs [electronic onboard recorders], and hours-of-service reform...
* Indiana - Celadon Trucking to acquire selected equipment assets from Robinson Transport

Indianapolis,IND,USA -Fleet Owner, by Deborah Whistler -Oct. 3, 2012: -- Celadon Trucking Services, a wholly owned subsidiary of Celadon Group, Inc., announced that it has agreed to purchase a portion of the operating equipment of Robinson Transport, Inc., based in Columbus, OH, to increase density in Celadon’s traffic lanes in and out of the Midwest and reinforce its driver pool, a company announcement said...

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