Perry: Hurricane recovery will drive freight demand

| November 01, 2012

The rebuilding and resupplying of the Northeastern states struck by Hurricane Sandy this week will drive long term freight volume and revenue to the trucking industry, said FTR Associates Senior Consultant Noel Perry.

Perry says the industry is losing roughly $140 million a day to downtime caused by Sandy, but that the losses will be recouped once the region starts rebuilding and restocking retail stores.

Overdrive sister site CCJ  has the full report — click to read it.

While strives to maintain an open forum for reader opinions, it does not welcome comments reflecting racism, vulgarity or spam. Violations of this policy can be grounds for removal of a comment or banning a user from the comments system.