Earlier this month, Bill Zollars, CEO of YRC,
said in a presentation "The economy has softened further, impacting both volume levels and pricing across our operating companies. After a solid second quarter, the third quarter started slowly and has progressively weakened.”
But while truckers will compete harder for business, the volatile economy trends of late could push even more trucking firms out of business. Longbow Research analyst Lee Klaskow
told the AP last week that privately-held Swift Transportation Co. is likely at the most risk in the current shaky markets.
Of the largest Trucking Companies, Swift is at the most risk, hmmm.