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Sep 26, 2015

TRUCKING MARKET * USA: Small operators troubles

* New York - Trucking makes a comeback, but small operators miss out

-- A recovering U.S. economy is driving record demand for trucking. But many smaller operators, who make up the vast majority of the roughly 470,000 for-hire fleets on the road today, say they’re missing out on the boom... New regulations, including rules capping emissions and limiting drivers’ hours on the road, are adding to truckers’ expenses... Many business owners who started their companies in the 1980s, when the industry was deregulated, are planning to retire in light of the new challenges. Gary Hanke, 64, said he wasn’t able to expand his company, Pegasus Transportation Inc., quickly enough to meet strong demand for his trucks in recent years. Approaching retirement age, he sold Pegasus to CRST International Inc. in March. Since then, Pegasus’s fleet has expanded to 300 trucks, from 235 before, helped by CRST’s scale and ability to operate nationwide... 
(Photo by Kyle Grantham/The Wall Street Journal)  --   NY, USA - The W.S.J., by LORETTA CHAO - Sept. 23, 2015

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