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^ Top   #1   08.19.2008

Cybergal Trucker Forum STAFF   Member Since: Jan 2006 Location: USA Trucker? Trucking Industry Posts: 20,322 My Trucking Photos: 27 Thanks: 1,314 Thanked: 999 Times My Truckers Blog : 13

Truck capacity down 4.5 percent in 2008 Truck capacity down 4.5 percent in 2008 8/19/08 Quote: In the wake of escalating diesel prices, an estimated 970 trucking companies failed in the second quarter of this year, Avondale Partners transportation analyst Donald Broughton reports. The number is slightly higher than the 935 failures Broughton reported for the first quarter of 2008. Avondale Partners further estimates that 46,000 trucks -- 2.4 percent of the nation’s over-the-road heavy-duty truck capacity -- were idled during the second quarter. Added to the first-quarter totals, more than 88,000 trucks or 4.5 percent of the capacity has been idled this year, Broughton says. http://www.etrucker.com/apps/news/article.asp?id=71682 __________________ The Truckers Report Merchandise

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