The Ahern Blog » 2009 » January


Archive for January, 2009

Trucking 2008

Tuesday, January 6th, 2009

Dear Readers:

2008 was the worst year that the trucking industry has experienced, since the Great Depression.

  • Supply did not equal demand
  • Freight became a scarce commodity in our industry;
  • Freight rates continue to be depressed;
  • Diesel fuel hit an all time record high of $145.00-$150.00 a barrel for crude oil.
  • In some parts of the country, Diesel fuel was as much as $5.00 a gallon, and;

The economic collapse of the world economy, put the trucking industry in a “tail spin.”

What effect will this have on the trucking industry for 2009? Stay tuned for further comments…..