“The recession is likely over.”
Bob Costello, the American Trucking Associations’ (ATA) chief economist, delivered this promising, unofficial news to virtual attendants of the 2020 McLeod Software User Conference during a Sept. 30 presentation on the economy.
Continue reading “Trucking economist: ‘Recession likely over’”
This has been a tough year for the trucking industry. More than 2,500 truck drivers have lost their jobs in what some are calling a “bloodbath,” primarily affecting smaller companies and owner operators. Pricing pressure is largely to blame, but the underlying cause is less straightforward.
Continue reading “WHAT’S BEHIND ALL THE TRUCKING COMPANY CLOSURES?”
One of the trucking industry’s leading economists says the abrupt shutdown of New Brighton, Minn. -based carrier LME Inc. is an indication that trucking companies that are poorly run could be in deep trouble if the economy slows.
Continue reading “Economist Noel Perry Warns of More Shutdowns After LME Padlocks Doors”
“This is the best time – literally – in trucking in 30 years. So if you’re not having success, you need to figure out how to get success and take advantage.”
If you’re an owner-operator trucker, you could be well on your way to your best year in while thanks to favorable rates, reasonable gas prices and high demand for you.
AFS is a proud member of the South Dakota Trucking Association and The International Factoring Association
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