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The Importance of Parts in the Trucking Industry
The president of JB Hunt said, you know, this market is reminding us of 2009. I've never heard a 2008, 2009 comparison in the six years or so that I've been covering the trucking industry. So to me, that's a pretty scary sign. A few of these companies, especially kind of like the midsize fleets, they're seeing their contracts either pulled back or contract rates significantly lower. The big reason is basically rates are too low to run.