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December 16, 2014

Trucking executives see more rate hikes ahead

Trucking executives, encouraged by steadier, stronger economic growth in the U.S., are increasingly optimistic about their outlook for 2015, both in terms of freight demand and their ability to raise rates, Transport Capital Partners said.

 

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Also in the News
As cromnibus advances trucking prepares for regulatory restart
Trucking companies hope for an immediate injection of producitivity when President Obama signs the $1 trillion "cromnibus" spending bill, which includes language that will suspend certain hours of service rules for truck drivers for one year.
West Coast slowdowns affect retailers' Q4
Delays in receiving holiday sale inventory will likely affect fourth-quarter results of some shippers as they incur the added costs of diverting cargo and lost sales.
Project to help expand development at BNSF Kansas City
A road improvement project will help make the industrial development around BNSF’s relatively new intermodal rail terminal in the Kansas City area more attractive when work is completed in 2016.
Moody's upgrades US ports' outlook on container volume gains
Moody's Investor Service today upgraded its outlook for U.S. ports from negative to stable today for the first time in five years, on the back of rising U.S. container volumes.
   

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