Bob Costello Carriers Quotations

Carriers have a little more market power than they've had in quite some time. And they can call the shots, especially at this time of year.

We are now at a critical point for the industry in terms of fuel prices. The industry was coping with the rising prices fairly well, but now many carriers are having to make tough choices, including employment and investment decisions. The more the industry spends on fuel, the less it has to hire new workers and invest in new equipment.

We continue to believe that motor carriers should expect modest growth in volumes going forward and that the latest decrease should not alarm the industry.