Auto transport industry saw a lot of changes for the year 2009. From GM reorganizing their brand, to worst new vehicle sales in the United States history since 1972. Drivers found their trucks to be standing half way empty as they struggled to put together their loads. The industry saw a turn around when the Obama administration introduced “Cash for Clunkers” program when consumers finally started buying new cars and trading in their old gas guzzlers.
2010 will be another competitive year for the drivers in the auto transport industry. There will be more demand for shipping overseas. If you will be dealing with the ports, local dealerships and assembly plants - expect to get freight and more business from these sources.
Next year will also bring competition from smaller independent drivers and new companies entering the auto transport industry. Be prepared to compete and offer aggressive load pricing from internet rivals like Uship as more drivers will use such boards to fill the trucks for their local routes.
Fuel should continue to rise as the recovery deepens and demand for energy increases. Truck finance will be a task to get loans - as more banks continue to be fiscally conservative .
In conclusion, I think it is going to be another tough year in this industry. The key to survival will be finding different niches in local markets and routes that are not covered by many drivers.
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