Wondering what the state of the trucking industry looks like from the vantage point of industry insiders? If so, then keep reading!
TruckingInfo.com recently looked at a nationwide GE Capital forecasting survey given to mid-market trucking company execs. The results? Company insiders see a trend towards growth over the coming year, in business, employment, and equipment expenditures. Execs point to growing optimism in the national economy as a key factor.
The outlook over the next 12 months isn’t completely rosy, however. Execs also anticipate a number of challenges including key regulatory concerns involving the hours of service regulations, CSA, and reauthorization of the highway bill. Retention of quality staff, fluctuations in oil and gas prices, and commodity costs are also concerns.
What should you make of these results? Well, if you’re looking to become a driver, the overall outlook is a good one! An optimistic outlook on hiring means that now could be a great time to make a move if you’ve been thinking of becoming a driver. So make your move and find yourself on the road to a new career!
GE Capital Survey Forecasts Expanding Trucking Industry