According to the article, “Nation Lease Holds Largest Annual Meeting in its 66-Year History”, on PRWeb.com, the economy is improving and with that, so are the Lease programs in the freight industry. Economists and CEO’s of trucking companies are considering a brighter future and economic time that will benefit the trucking industry as well as all transportation commerce.
Gene Scoggins, the President of NationaLease was stated as saying in this article:
“The future is bright for the truck leasing industry, especially in light of positive indicators which include a manufacturing sector which is experiencing strong growth, a rebuilding of inventories after drastic 2009 cuts, and stable energy prices. The increased demand on the transportation industry has been good news for our Nation Lease members.”
Then Jim Meil, an economist for the Eaton Corporation, spoke at the 2010 Annual Meeting of the Nation Lease Organization, and expressed the following:
“Trucking continues as the cost-effective transportation alternative for high-service, high product value freight. People in the industry are saying it feels a lot like it did in early 2004 before the ‘capacity crisis’ of the summer and fall of 2004.
If this forecast is correct, freight transported by truck drivers will increase due to the high growth in the manufacturing industry and the low cost of transportation by truck in the year 2011. With the driver shortage that is beginning in 2010, drivers will have more opportunity with less competition and more freight to ship. Truck drivers who have safe driving records will be in high demand in the next few months and will have opportunities that they haven’t seen in quite awhile.
http://www.prweb.com/releases/2010/10/prweb4598704.htm