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[quote]QUOTE: Originally posted by Noah Hofrichter I'm doing a report for school, and after searching around the internet to no help what so ever, and let me say I never thought I would find much, I thought I'd try here, where this question is right at home. With gas and desil prices getting higher and higher, this is obviously going to hurt the profits somewhat of the trucking compainies. Do you think this will cause more industries to start shipping more and more by rail? Personaly I do, but I'd like to hear opinions from other people. I'm also trying to figure out what other effects the railroad is having on the economy, versus how trucking is effecting the economy. Is either one doing better than the other when it comes to buying companies support, or who the companies will look to first? Obviously both will survive in the future, but who do you think will slowly become stronger? I think both will become sort of an equal, because trains can haul lage quanities slightly cheaper, but sometimes the service is much slower. Trucks cant haul that much, but they can get small amounts there quickly. Any opinions on anything I have said or new Ideas about the subject is greatly appreciated. Thanks very much for any help you can provide, Noah[:p] [/quote] Noah- Spell check will help in any report you do. "Psychic" not Phychic "Diesel" not Desil As far as your underlying question, yes trucking costs are increasing, but many of the smaller and less financially capable trucking companies have already failed due not only to fuel costs, but other costs such as rapidly rising insurance costs or even a lack of available insurance, new DOT Hours of Service (HOS) regulations for truckers making the old log book cheating much more difficult and a continued shortage of truck drivers, particularly on long haul routes. Railroads are gaining on the intermodal side as a result of the truckers problems. Unfortunately, railroads have been shrinking for decades and there are inadequate supplies of railroad cars of certain types and trained crews. As a result the railroads are not well positioned to take advantage of this opportunity to capture traffic. The current uptick in the economy has both truckers and railroads maxed out on capacity and struggling to catch up. Hope that gives you a few ideas. LC
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