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Press Room

For Immediate Release

July 2, 2003

Contact: Nancy O’Liddy, Director of Public Affairs
703/838-1950 or noliddy@truckload.org


How Will The Economy Affect Your Profitability?

TCA Schedules Informative Audio Conference

Alexandria, VA - The Truckload Carriers Association (TCA) is pleased to announce its upcoming audio conference, "Eye on the Economy" on July 24, 2003 from 11:00 to 12:30 ET. Sponsored by TCA's Truckload Academy, this audio conference will provide up-to-the-minute information from experts concerning the anticipated growth of the economy and what it will mean to trucking companies in the upcoming months.

The audio conference will cover pertinent information including: the general economic trends, including gross domestic product, employment, consumer confidence, retail sales, interest rates, and inflation; the specific manufacturing trends, regarding autos, capital goods, durables and non-durables; the motor carrier industry trends including freight volumes, carrier cost trends, carrier bankruptcies and regulatory developments; the anticipated outlook for the economy and trucking; and post-October 2002 EPA compliant engines and their performance.

Bob Costello, the American Trucking Association's chief economist, and Donald Broughton, A.G. Edwards & Sons, senior analyst, transportation equities, will provide valuable information and insight that directly affects the trucking industry's profitability. Costello manages all of ATA's collection, analysis and dissemination of trucking economic information. He is often cited in the news media as an expert on trucking economics, including the Wall Street Journal, Washington Post, New York Times, Business Week, ABC Evening News, CNBC, CNN, BBC, and National Public Radio.

Broughton is senior analyst for transportation equities for A.G. Edwards & Sons. He is ranked by Zacks Investment Research as a 5-Star Analyst (their highest ranking) based on the historical performance of his recommendations. In addition to being a frequent guest on CNBC, CNN, and the Nightly Business Report, he is widely quoted by the Wall Street Journal, Investors Business Daily, Bloomberg, Forbes, Fortune, Money, and various transportation industry journals.

For more information or to register for this audio conference, please click here.

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TCA is the only national trade association whose collective sole focus is the truckload segment of the motor carrier industry. The association represents dry van, refrigerated, flatbed, and intermodal container carriers operating in the 48 contiguous states as well as Alaska, Mexico, and Canada. Representing operators of over 200,000 trucks, which collectively produce an annual revenue of over $20 billion, TCA is an organization tailored to specific truckload carrier needs.

 
 

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