Market Spotlight: Auto Suppliers: "General Motors Corp., Ford Motor Co. and Chrysler LLC have all announced first-quarter production cuts, citing slower demand as consumers continue to be rattled by high fuel prices and trouble in the housing market. A significant portion of the production cuts will be in the large pickup truck segment, which will particularly hurt suppliers with the most exposure to that part of the market such as..."
Make no mistake... competition is going to increase for loads, because there will be a half mill. less new vehicles to haul, and less freight at the auctions.