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Apr 23, 2016

PROBLEMS SMALL TRUCKLOAD CARRIERS * USA

* Arizona - Knight Transportation: US truck capacity starting to shrink

-- Capacity is beginning to exit the trucking market, a trend that will accelerate by the second half of the year, as higher operating costs and lower revenue push smaller trucking operators off U.S. highways, the president of Knight Transportation said... That could turn the pricing wheel against freight shippers, who have seen transportation expenditures drop since 2014... The continuing slide in spot market truck rates is causing big problems for small truckload carriers, David Jackson, president and CEO of Knight Transportation, said... 
Phoenix, AZ, USA - JOC, by William B. Cassidy - Apr 20, 2016

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