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Truckload carriers looking for freight rebound

Published Wednesday, May 21, 2008

NEW YORK | Tough times for truckload carriers may be coming to an end, according to fleet executives addressing financial analysts at a transportation conference here yesterday. Although they differed on specifics, chief executives from some of the country’s largest carriers indicated that stronger freight activity in April and the beginning of May coupled with significant decreases in truckload capacity have laid the groundwork for rate recovery, if not now, then in the next few months. Fuel price pressure, however, will keep revenue-per-mile growth below 1.5% until the fourth quarter of this year or the ...

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