Members Only Mode
  • You need to register to view content, it's 100% free
  • Please register below to remove this limitation
  • Truckingboards is a MEMBERS ONLY Private Forum that first got it's start in 1999, Membership is 100% Free, We have Over 40k Members and approaching 2 million posts that date back to the early 2000's.Registration is easy and fast. We specialize in LTL trucking. Get off those Facebook Groups and come to a place where your identity will be unknown unless you tell someone. Truckingboards has a mobile app that works for Android you can install from your mobile browser. Sorry Apple Users, I know nothing about them.

    Click Here

    For instructions on how to install the mobile app.

The Logistics of Transport

R-14Driver

Well-Known Member
I recently discussed the difficulties of the trucking industry in an economy that's still a long way from a full recovery.

While the American Trucking Association's recent tonnage index indicated its largest decline since the economic recovery began in early 2009, there has also been positive data showing that some segments of the industry are not deteriorating. The most recently reported durable-goods orders, excluding transportation equipment orders like aircraft, showed an increase of 2% -- much larger than economists were expecting. Durable-goods orders are important for truckers, because they show that consumers are spending more on "white goods," which include large household purchases like refrigerators and washer/dryers.

While the improvement in durable goods is a boon, overcapacity and overleveraging still plagues operators. Look no further than industry poster child YRC Worldwide (Nasdaq: YRCWD), which just engineered a reverse stock split. YRC will be able to remain on the Nasdaq, but without the penny-stock-chasing crowd to buoy YRC's shares, investors may be more apt to focus on how the company is cleaning up its balance sheet and turning around its business. Unfortunately for YRC, both those efforts remain works in progress..............................

The Logistics of Transport (CHRW, EXPD, HUBG, JBHT, NSC, PACR)
 
Top