2011 economic outlook

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TORONTO, Ont. -- The driver shortage, which is expected to get much worse in the years ahead, could prove a vital aid in helping trucking companies improve their profitability and find a way to pay their drivers better, according to Rick Gaetz,... [Full Story]

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[Jim L]

Yes, the driver shortage may help put upward pressure on the rates but I am afraid that everybody will be raising the carriers costs as well. Remember, the carriers had a rough go but so did a lot of their suppliers. Tire suppliers, OEM parts and service, fluids (both diesel and oil) vendors as well as drivers will want a bigger peice of the pie and I don't think that the carrier will be able to keep much more of any increases they can obtain.

I think in the end the carrier will be asking for more and paying more but keeping the same which won't produce a better carrier.

Just my 2 cents worth. I'll check back at this post at the end of 2011.