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Nov 1, 2012 11:38 AM

An estimated loss of $140 million  per day the trucking industry will suffer from down time associated with  Hurricane Sandy will ultimately be recouped because of associated resupply and  rebuilding truck freight demands, according to FTR Senior Consultant Noël  Perry.

  Perry’s per day estimate of  loss revenue is based on 20% of the industry not moving freight because of the  storm and its aftermath.  

“While some fleets will surely lose  revenue during the initial phases of the latest disaster, storms like Sandy  create new demand later,” explained Perry.  “Retail outlets need immediate  resupply that only trucking’s time sensitive character can accommodate.   Plus storm damage needs to be fixed.  That creates longer term additional  freight tonnage.  While the storm is devastating to many, the trucking  industry will see mostly positive effects.”