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#6 New truck sales are down. They say its the new EPA regulations. I say business is down. I know for a fact railroad traffic is down. They have parked engines at this time. The double stacking of freight cars continues and tunnels dug to accommodate this new stacking car system. Cost savings to railroad is main reason. The coal to China has slowed. The coal mines are being closed. Five former coal fired power stations have converted to gas. Trucks aren't hauling coal anymore and pulpwood hauling is dramatically down in my area. So if retail sales are down also, trucking has got to be hurting. I had commercial trucks and sold out. With the DOT,EPA, transportation costs and taxes you are a mule. I'm glad I got out. Those able to get out are if they can.
Posted by Dale 2012-08-07 20:00||