摘要: |
AN EXPECTED SLOW FIRST HALF for freight demand has morphed into unknown expectations for the rest of the year, with truckload (TL) executives split on their outlooks. "The back half of the year will be much better than the first," says Greg Orr, president of CFI, a major TL carrier. "You will see things improve as inventories go down." J.B. Hunt executives stated recently that the TL market is in the midst of a "freight recession," which caused its operating revenues to fall 7% to $3.23 billion in the first quarter. But that hardly means the future doesn't look robust. Hunt CEO John Roberts says that it's "not really a question of if the freight demand will come back to normal. It's really a question of when." In the first quarter, Hunt saw volumes plummet across the board. J.B. Hunt reported a 25% volume decline in its integrated capacity solutions segment, a 5% drop in intermodal and 17% decline in final-mile services. |