Five Star Equities Provides Stock Research on Con-way and J.B. Hunt Transport Services
NEW YORK, NY — (Marketwire) — 05/22/12 – The Trucking Industry has been experiencing a “good” recovery recently according to FTR Associates Senior Consultant Noel Perry. The
“Because GDP is back up above 2%, we should be generating pretty good freight growth. As GDP recovers right now, we would expect a freight bonanza that comes from that would be a quarter or two later.” Even with the expected freight growth, the industry is still far from recovery in regards to truckloads, which in 2006 was at a high of 200 million a year and in 2009 dropped to 158 million.