Slow growth, volatility keep trucking companies ‘cautiously optimistic’

Updated Sep 5, 2014

According to a recent survey of trucking executives, the combination of slow but steady growth in tonnage, improving operating metrics, visibly poor demand, fuel price volatility and new truck delivery lead times have the industry’s mangers in somewhat of a holding pattern, described by GE Capital’s quarterly CFO survey as “cautiously optimistic.”

As Overdrive sister site CCJ has reported, transportation research analyst Michael Zimm says “carriers feel little sense of urgency to add anything more than small increments of capacity ahead of demand,”noting that trucking executives will remain cautious until “domestic fiscal and political uncertainties are resolved.”

Click here to see the full report. 

Showcase your workhorse
Add a photo of your rig to our Reader Rigs collection to share it with your peers and the world. Tell us the story behind the truck and your business to help build its story.
Submit Your Rig
Reader Rig Submission