Offering an industry outlook is much easier this year than last, said Paul Will, vice chairman & CFO of the Celadon Group. Opening the annual ALK Transportation Technology Summit, Will told the assembled fleet of IT professionals that a general recovery is clearly under way with manufacturing output growing again, housing starts beginning to trend upwards, and personal consumption of both durable
Offering an industry outlook “is much easier this year than last,” said Paul Will, vice chairman & CFO of the Celadon Group. Opening the annual ALK Transportation Technology Summit, Will told the assembled fleet of IT professionals that a general recovery is clearly under way with manufacturing output growing again, housing starts beginning to trend upwards, and personal consumption of both durable and nondurable goods recovering from the lows of 2009.
Slowing that recovery is persistent high unemployment, Will explained, and it could take up to 48 months for employment to return to pre-recession levels.
In early 2009, the dry van sector had excess capacity in the range of 10 to 15%, and today that number is 1 to 2%, Will said.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...
