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The ups and downs of the dry bulk business

The ups and downs of the dry bulk business

Oakville, April 1, 2016 – The trucking industry has seen an increasing demand for dry bulk trailers, but that doesn’t necessarily mean you should be adding them to your fleet just yet.

Recently, there has been a rise in the number of dry bulk being transported across the U.S.

Thanks to the natural gas boom, tons upon tons of sand needed hauling in order to enable the fracturing part of hydraulic fracturing – commonly referred to as fracking. This resulted in the increasing need for dry bulk trailers.

Jay Morfitt, director of North American Sales and Marketing for Heil Trailer International, stated the demand for such trailers increased in September 2010.

Having said that, demand created by the fracking industry has fallen as a result of natural gas prices. In fact, dry bulk demand has returned to pre-2009 levels.

While the demand created by fracking has subsided, the dry bulk industry is still experiencing a boom.

If you’re thinking about expanding into the dry bulk business, or upgrade existing equipment, it’s important to be aware of local weight restrictions and spec trailers based on what you will be hauling the most.

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