Transport Topics | 2017 Year in Preview: ‘Expect the Unexpected’ for Trucking, Nation

01.04.17 | Daniel Bearth, Transport Topics

Uncertainty dominates the outlook for trucking and freight transportation in 2017.

Although expectations are that the economy will continue to expand, and maybe even pick up steam, much of what happens in the next year will depend on how much of President-elect Trump’s campaign rhetoric is translated into policy and the extent to which Congress will support cutting back on regulation and increasing spending on infrastructure.

The election will have huge implications across all modes of freight transportation, Gross said, but what exactly that will look like remains to be seen.

“We have someone appointed to head the Environmental Protection Agency who doesn’t believe in regulation of the environment,” Gross said. “Will we see dramatic change that will affect coal and oil drilling? Is the so-called ‘war on trucking’ over? Will we see a boost in the economy, a lower tax rate, an infrastructure spending plan? These are hugely important questions that we don’t have good answers for.”

Gross’ advice: Have a contingency plan and be prepared to make adjustments to whatever happens.

Read the full article by clicking here >

For more information about the work of FTR, follow on Twitter @ftrintel, listen to podcasts on Stitcher, sign up to receive the State of Freight TODAY monthly eNewsletter, or call Helen Lile at (888) 988-1699 Ext. 1.