James Menzies
Former Member of the Victorian Legislative Assembly
2
APPEARANCES
1
PODCASTS
012
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Aug 27, 2026
Market Shifts, Fleet Trends & What's Next with James Menzies
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2:43James MenziesGUEST
really interesting because we don't know what the cost increase is going to be next year.
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2:47James MenziesGUEST
I mean, we thought we knew, but then everything changes, right? In this world, everything is constantly in flux.
J
2:53James MenziesGUEST
So there was some talk about whether or not the EPA 27 emissions rules would be maintained, and they will be based on what we hear now.
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3:07James MenziesGUEST
What's not going to stay is the extended warranty coverage that was being forced upon the OEMs by the EPA.
J
3:14James MenziesGUEST
They wanted them to guarantee the after-treatment systems for 450,000 miles, as opposed to the 100,000 miles that it is today.
12 MINS LATER
J
15:30Jason CuddyHOST
From the carriers you've talked to, different associations you're plugged into, what are you seeing as the outlook for the rest of this year for the industry?
What To Expect In 2026 - Tariffs, EPA 2027 And More
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7:47James MenziesGUEST
Yeah, you know, we're in RFP season now, and they're starting to get some opportunities to bid.
J
7:54James MenziesGUEST
And what I'm hearing from the carriers is that fleets are still not in the driver's seat when it comes to rates.
J
8:01James MenziesGUEST
Shippers are still taking advantage of the current market, and there's a lot of pressure under rates still because there's too much capacity.
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8:11James MenziesGUEST
Basically, the publicly traded fleets in the U.S., the big guys, were saying that they see – Reason for optimism in the second half of 2026, but not before then, based on what they're seeing.
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8:22James MenziesGUEST
Some shippers, some forward-looking shippers are beginning to look at locking in capacity because they know it can't stay like this forever.
9 MINS LATER