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How likely are you to invest CAPEX into new equipment for 2021? (Brent Peterson)

Published October 26, 2020by Brent Peterson - Transmarkin Transloading Q&A

Currently, we are hesitant to invest in new equipment because the transloading market is soft. Many potential projects cross our table, but we have to vet the projects to ensure they fall in line with our strategic goals and competencies.

The uncertainties with COVID only puts the brakes on CAPEX projects.

How likely are you to invest CAPEX into new equipment for 2021? (Brent Peterson) - image 1