Economic stability is on truckers’ minds. The overall economy reemerged as a top-10 industry issue last year and remained on the list this year. Factors causing concern in the industry include a softer freight market, the ongoing trade war with China and the long-delayed signing of the new United States-Mexico-Canada Agreement.
ATRI suggests improving economic stability as it relates to the trucking industry by advocating for reforming/repealing ineffective regulations that add to industry costs without providing benefits, continuing to advocate for trade and economic policies that will stimulate the economy, and researching the impact that volatility in trucking capacity has on fleets.
Here are some of our key stories involving the economy:
Trucking praises progress toward ratification on USMCA
Tank fleets should benefit from slow, but steady growth in the US economy
Daimler: Truck sales to remain solid; fleets view safety tech as important as fuel economy