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Trucking Industry Showing Signs of Recovery but Still Has a Long Way to Go

Posted on the 22 May 2012 by Easytracgps @EasyTracGPS

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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

Trucking Industry Showing Signs of Recovery but Still Has a Long Way to Go

“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.

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