Trucking companies continued to roll to profitability in 2005, although at a slower rate than in 2004 due to a cooling economy, record-breaking fuel costs and a shortage of drivers.
The industry stayed in gear, thanks to strong consumer demand for trucking services and industry consolidation.
Revenues for the two main elements of the industry are up by double digits. Truckload (TL) operators, which move full loads over long-haul routes, were up 11.1 percent in the 12-month period ending September 2005, and revenues for less-than-truckload (LTL) operators jumped 17 percent, according to the American Trucking Association trade group. Complete story here......http://www.northjersey.com/page.php?qstr=eXJpcnk3ZjczN2Y3dnFlZUVFeXkyOSZmZ2JlbDdmN3ZxZWVFRXl5Njg3MjI0OSZ5cmlyeTdmNzE3Zjd2cWVlRUV5eTI=
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