Tamera's space

A sudden, dramatic drop in freight demand has sucked the air out of a trucking sector pumped up by several years of growth.
"For the trucking industry, the first half of this year is likely to be the toughest environment we have seen since the last recession," Bob Costello, chief economist and vice president of the American Trucking Associations, said in a telephone interview Wednesday.
That's bad news for the rest of the economy, for which trucking is considered a bellwether.
"Trucking sees slowdowns and recovery first," Costello said. "I do anticipate that we will start to recover before the general economy."
The second half of 2007 looks better for trucking, he said.
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