The trucking industry experienced one of its best years ever in 2004, despite a growing shortage of drivers, high fuel prices and equipment costs, plus the uncertainty posed by an unanticipated legal challenge to new hours of service (HOS) regulations that went into effect at the start of the year. “Overall, 2004 proved to be a very good year for the trucking industry,” said Bob Costello, chief economist for the lobbying group American Trucking Assns. “And the right factors that drive ...
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