ATA Predicts Confusing Months Ahead for Trucking

This past Tuesday, economic analysts at the American Trucking Association (ATA) told fleet executives that the economic trajectory for the trucking industry is going to be very uncertain for the remaining months of 2012. The analysts believe freight volumes will continue to be varied, depending on the sector (tank truck, flat bed, dry van, etc.). The good news is that overall, freight volumes have grown across the board, but capacity has remained level with this increased demand. The bad is that they see a pending driver shortages as well as declines in manufacturing data possibly affecting freight volumes. The ATA concludes that while the risk of slower growth is likely, it all hinges on increases in GDP and the state of the economy.  Stay tuned.