Fleets pulling back

Weber, Rick
March 2009
Trailer / Body Builders;Mar2009, Vol. 50 Issue 5, p34
Trade Publication
The article reports on the analysis of some trucking industry executives on fleet expansion in 2009 during the Industry/Market Forecast. Eli Lustgarten of Longbow Securities said only 5% of trucking firms expect their fleet to grow in 2009 compared to 12% in October 2008 due to low freight demand, high fuel costs and a weak domestic economy. George Zirnhert from PowerSystems said that one of the challenges for the trucking business is dealing with many variables in the market and adds that fuel and hybrids may be the future of the trucking industry.


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