Bob Costello Articles

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Economic Activity, Freight Levels Paint Strong Picture for the Trucking Industry

February 12, 2018

Economic Activity, Freight Levels Paint Strong Picture for the Trucking Industry

The economy is accelerating, consumer spending is strong, freight volumes are increasing and the country is undergoing the third longest economic expansion in history, all of which is boding well for the trucking industry, Bob Costello, chief economist for American Trucking Associations, told attendees of NATSO Connect.

Autonomous Trucking Technologies Gain Steam

November 1, 2017

Autonomous Trucking Technologies Gain Steam

Autonomous technologies are advancing rapidly, and traditional equipment manufacturers as well as new players entering the market are working to bring new capabilities to equipment that could improve safety and productivity.

Top Trucking Economist Predicts Improved Year in 2017

January 24, 2017

Top Trucking Economist Predicts Improved Year in 2017

Low unemployment rates, steady manufacturing and increased home construction will contribute to improved freight levels within the trucking industry for the year ahead.

Truckstop Operators Respond To The Changing Fuel Efficiency Landscape

August 31, 2016

Truckstop Operators Respond To The Changing Fuel Efficiency Landscape

It is well known that higher productivity vehicles and fuel efficiency standards for trucks are gradually reducing the per-vehicle demand for diesel, which is likely to change operations at truckstop and travel plaza locations across the country.

Top Economists Share Their Outlook for the Years Ahead

February 23, 2016

Top Economists Share Their Outlook for the Years Ahead

The worsening driver shortage, an increasing supply of oil and fluctuating manufacturing levels will continue to heavily influence motor carrier costs, two leading economists told attendees of The NATSO Show 2016 Feb. 23 in Lake Buena Vista, Fla.

Top Economist Shares His Outlook for the Year Ahead

January 1, 2016

Top Economist Shares His Outlook for the Year Ahead

At this year’s NATSO show, Bob Costello, senior vice president and chief economist at American Trucking Associations will share his insights during a keynote address, offering predictions on the economy, the trucking industry.

Freight Volumes, Driver Pay on the Rise

February 18, 2015

Freight Volumes, Driver Pay on the Rise

Freight volumes and driver pay will continue on an upward swing as the economy grows, Bob Costello, vice president and chief economist at the American Trucking Associations told NATSO Show attendees Feb. 18.