Mississauga, ON -- (SBWIRE) -- 09/21/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Titanium Transportation Recognized on 2015 Profit 500."
Companies mentioned in this article include Titanium Transportation Group Inc. (TSX-Venture:TTR).
According to Wagner Logistics, the drop in oil prices is indirectly having a positive impact on the logistics sector.
The decline in oil prices puts extra cash into the hands of consumers. This will boost consumer spending, especially on discretionary items. Wagner Logistics notes that this will benefit the logistics sector as more merchandise flows through the supply chain.
Wagner Logistics also believes that truckload carriers will be helped by the hours-of-service rollback. Wagner expects less-than-truckload carriers will have a good 2015 as they don't have the same degree of driver turnover as the truckload segment does. Less-than-truckload carriers are also expected to benefit from lower diesel pricing, however, Wagner adds in its report that the benefit will be not as big as a percentage of their operational expenses as in the truckload segment.
Overall the outlook for the North American trucking and logistics sector is robust, driven by an economic recovery in the U.S. This augurs well for Titanium Transportation Group Inc. (TSX-Venture:TTR), a Canada-based asset-based transportation and logistics company. The company provides truckload, dedicated, and cross-border trucking services, freight logistics, and warehousing and distribution to more than 800 customers.
The full version of this article can be found at:
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