Outlook for Trucking is Stellar, ATA Economist Says

Outlook for Trucking is Stellar, ATA Economist Says

The trucking industry is seeing the best economic climate since deregulation, according to Bob Costello, chief economist and senior vice president of the American Trucking Associations.

Speaking at the opening session of Omnitracs’ Outlook 2018 user conference in Nashville on Feb. 26, Costello said the trucking industry should face smooth sailing over the next year or two. “This is a growing environment,” he said, noting that the economy is in its third-longest expansion in history— which is on track to becoming the second-longest by springtime. From a macroeconomic view, the two key drivers are productivity and population growth, he said, […]

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