Graves, who is also American Trucking Associations (ATA) president and CEO, explained that as more companies are deploying natural gas powered trucks, resale of used units present less and less of a challenge. Virtually every manufacturer offers NGV models, he said, and trucks that burn methane as opposed to diesel endure less wear and tear and thus retain value.
“The people who are still here will do well,” he said regarding those carriers who survived the depths of a recession that greatly reduced the ranks of truckers and thus of available capacity, and who are “in an excellent position to prosper when the economy finally rebounds.”
Furthermore, he expressed concern over the apparent inability of Congress to pass tax credits that would spur fleets to adopt natural gas. Despite the challenges the industry faces, Graves concluded, trucking’s future looks bright. “I’m as optimistic as I can be,” he said.
Source: Pegasus TransTech
