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GE Capital Report: Truck and Trailer Demand to Continue Improving in 2012

March 19, 2012, 07:45 AM
Filed Under: Trucking

GE Capital’s Spring 2012 Industry Research Monitor on Truck Transportation indicates the U.S. economy and freight indicators are holding steady. According to the report, high asset age, increased capacity utilization and improving used equipment valuations will continue to bolster truck and trailer orders through 2012.

The GE report also cites demand for trucking services continues to remain positive as increased volumes and rising freight rates make way for improved company financials.

However the report also warns that despite the fact that tonnage and pricing metrics are improving, carriers are expecting continued costs increases in 2012 which could erase any potential margin improvement. Trucking fleets are facing higher cost pressures from the rising cost of diesel fuel and recruiting and retaining quality drivers to complying with regulatory requirements.

To read GE Capital’s Spring 2012 Industry Research Monitor on Truck Transportation, click here.

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