Schneider forecasts volatile 2009

May 2009
Trailer / Body Builders;May2009, Vol. 50 Issue 7, p16
Trade Publication
The article focuses on the possible volatility in the U.S. transportation industry in 2009 based on the State of the Industry report of Schneider National. The report predicts an increase in bankruptcies of among trucking companies but diesel prices will continue to decline. It forecasts rates raise when the economy rebounds as the industry will replace driver and tractor capacity lost to permanent sales. It adds that freight companies will shift from truck to rail to save cost.


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