Positive Outlook for Trucking Industry Tempered by Rising Operating Expenses, Says GE Capital Survey
IRVING, Texas--(BUSINESS WIRE)--Nearly three-quarters (71%) of trucking company executives surveyed by GE Capital, Transportation Finance expect business conditions to improve in 2011 but they are concerned about the impact of external and internal factors on their profit margins. The rising price of diesel, a nationwide shortage of drivers and the twin costs of complying with government regulations and maintaining their own aging fleets are all significant concerns.
is the economy improving for carhaulers or not?For the original article click HERECommentary
Commentary on " Positive Outlook for Trucking"
I think the recovery is taking root. No economy is perfect even in the greatest of boom times BUT steady signs of improvement are showing. As far as how this improvement is affecting truckers and carhaulers, the simple fact is goods have be shipped. Even after considerable damage was done to the economy in 2008 and 2009, life has gone on and food and services have to be delivered.
This alone is a stepping stone to a greater recovery.While there are challenges like high fuel costs, regulation fears , and driver shortages, they are surmountable challenges.The part of the economy that has survived the recession is growing again.
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