InvestorsHub Logo
Followers 14
Posts 453
Boards Moderated 0
Alias Born 05/28/2015

Re: allenc post# 9502

Sunday, 12/13/2015 5:46:51 PM

Sunday, December 13, 2015 5:46:51 PM

Post# of 21105
2 good points:

Cheaper diesel, which obviously has lowered carriers’ costs in recent months, has also diverted would-be rail freight to truck freight, helping increase truckload demand, Broughton said.



The industry should continue consolidating via acquisitions and mergers, he said, and consolidation could be “poised to dramatically increase.



1 point of attention:

Drivers in the coming years will remain hard to come by, but truckload rates could climb as much as 9 percent for some carriers in the next 18 or so months, said Donald Broughton, trucking industry economist and managing director of Avondale Partners.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.