Replies to post #23019 on YRC Worldwide Inc (YRCW)

[yesmistermorningstar]

TIME BOMB that will reduce truck capacity, driving smaller carriers and independents off the roads.

The soon-to-be-released electronic logging mandate is often depicted as a time bomb that will reduce truck capacity, driving smaller carriers and independents off the roads.

Interconnected networks to benefit truckers, shippers

http://www.joc.com/regulation-policy/transportation-regulations/us-transportation-regulations/interconnected-networks-benefit-both-truckers-and-shippers_20150817.html

[yesmistermorningstar]

“Trucking Renaissance” is here !

Although revenue dropped at 13 of the 21 publicly owned trucking companies tracked by JOC.com, all but two of the carriers increased profits, a sign that truckers are building healthier balance sheets that can sustain long-term growth. The JOC carrier group barely increased combined second-quarter revenue, raising it 0.6 percent from a year ago to $10.7 billion, but the combined operating profit of 20 of those carriers jumped 13 percent to $941 million. No company, not even YRC Worldwide, reported a loss. This is what a “Trucking Renaissance” would look like, and that bodes well for shippers sourcing capacity.

https://snt148.mail.live.com/?tid=cmy_EC8_pE5RGKoAAeC8tzyA2&fid=flinbox

[yesmistermorningstar]

Optimism among trucking executives is on an extended run. Supply and demand are largely in balance, giving carriers much-desired pricing power. In general, trucking is outperforming the general U.S. economy and the international trade market, and profits are growing sharply. Truckload and less-than-truckload rates have risen this year as capacity has tightened and economic growth has accelerated, even if only moderately. Overall, the strong showing sets the stage for an even stronger latter part of 2015 but challenges ranging from driver shortages and new regulatory demands are putting increasing pressure on shippers to find the capacity they need to move their goods efficiently.

Look out for August 27 Trucking Midyear review.

https://vts.inxpo.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowKey=26642&AffiliateData=W50827JOCFB&Referrer=http%3A%2F%2Ftinyurl.com%2Fp2fgp2c