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CONTENTS
• State of Logistics Union
• Hanson Velocites
• Truck Capacity
• Maple Leaf Farms
• Letter from the President
• Hanson ASI Rating
• Front Page
• Visit the Hanson Website
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Truck Capacity Likely To Remain Tight
Refrigerated Transporter recently cited research firm FTR Associates’ report that truck industry capacity is expected to remain tight through 2006 and 2007. This is based primarily on continued strength in manufacturing and freight-producing sectors of the economy.
Fuel issues also play a role, as the cost of inefficient lanes begins to impact capacity available from smaller carriers who often have to absorb rising operating costs.
According to the report, United States Class 8 capacity in use has exceeded 90% over the past nine quarters while historically averaging 88%. FTR forecasts total ton-miles to grow 2.1% in 2006 with the modal share for trucks expected to increase to 44.8% in 2006 and 45.3% in 2007.
More details about truck capacity utilization, the labor situation, and other trends are available through a new publication jointly offered by FTR and Informa Economics Inc. A sample issue of the Transportation, Logistics and Fuel Report and the Weekly Fuel Monitor Service can be obtained by accessing www.informaecon.com/Transportation.htm.
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