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KATRINA UPDATE: ATA’s Graves assesses impact

Published Tuesday, September 13, 2005

Though freight is still projected to grow overall in 2005, rising fuel prices and scrambled operations from the damage inflicted by Hurricane Katrina on the Gulf Coast is going to put added pressure on the trucking industry’s bottom line, according to Gov. Bill Graves, president & CEO of the American Trucking Associations (ATA). “ATA still anticipates that freight tonnage will grow between 2.25 and 2.75% this year, and does not at this time have plans to adjust those figures,” he told FleetOwner. “In the short-term, Katrina [is going] to negatively impact trucking because normal trucking ...

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