Pub. 4 2024 Issue 2

Keep On Trucking By Rick Taylor, KTA President PRESIDENT’S MESSAGE Dear Members, As we celebrate the holiday season and the year comes to a close, I want to express my sincere gratitude to you. Your input, engagement and active participation in KTA are what keeps our association strong and successful. And your unwavering dedication to the industry, through good times and bad, keeps America moving. The state of the economy is the industry’s biggest concern right now as 2024 held its fair share of economic challenges. But the outlook for 2025 is looking slightly better. This past October at the ATA Management Conference, Bob Costello, ATA’s chief economist, addressed this concern. “We haven’t seen normal since the pre-pandemic. Every cycle is different, this one included,” Costello said. He then shared that the general economy continues to slow, but the probability of a recession remains low as many of the main economic drivers of truck freight won’t get worse, and in some cases, even get a little better. 6 | Kentucky Trucker

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