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Dec 22, 2008

TRUCKING INDUSTRY NEWS * USA - Trucking Firms Shift Gears

If highways are the veins and arteries of the U.S. economy, then trucks are its lifeblood...

USA -Investor's Gusiness Daily. by J. BONASIA -19 Dec 2008: -- Trucks move most of the nation's raw materials and crops to factories and processing plants. Then trucks transport those finished goods and spare parts to wholesalers and retailers... The trucking industry employs 3.5 million drivers, plus 5 million more support workers. Truckers are known for being fiercely independent. They often live in their tractors for weeks at a time, sacrificing normal lifestyles and straining family relations. Many own and maintain their rigs, choosing to work as outside contractors... The trucking industry is on a pace to record more fleet failures this year than in the previous two years combined, according to the ATA... Upside: Falling fuel prices are giving trucking companies some much-needed relief... Risks: As the recession dampens consumer spending and other activity, demand for trucking services has plunged too...


* Schneider moving into short-haul business at expanded West Memphis hub

Memphis,TEN,USA -The Memphis Business Journal, by Trey Heath -December 19, 2008: -- ... Long-haul specialist Schneider National, Inc., will wet its feet in the Southern region’s short-haul truckload business with the expansion of its West Memphis terminal, adding more than 150 jobs and trucks to the Memphis area... The West Memphis facility will be one of three Schneider terminals which will serve as hubs for the company’s new regional service... Dallas and Houston will also hub the regional service, which allows customers to ship product by truckload anywhere in a 500-mile radius in 24 hours... (Photo COURTESY SCHNEIDER NATIONAL, INC.)

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