It’s going to take a breath before — what you can remember though with the EPA laws coming in 2026 — excuse me the end of 2026 or first to 2027. We still expect 2025 or 2026 to be very robust years. And 2024 will be a year that we’ll get through it. I don’t anticipate us going backwards as far. Why? Because of the diversity of our customer base. If we were tied totally to the small carrier over the road drive freight, regional freight that type of stuff. We would be — we’d be — I would tell you my number would be closer to that or worse. Again, I don’t expect it to be the same. I expect it to be down. But given the diversity because if you remember all the money is still going to be pumped into the economy on the vocational side right from the infrastructure build.
That’s got to be spent. So — and there’s a lot of other market segments that we plan that should maintain a lot better than just the — look we’re in a freight recession. I didn’t know that. We’ve been in a freight recession. Just go check the results, check it all out. We’ve been one on for a year now. I mean, I was just with a lot of customers. Last week at ATA, it was not all beaches and clean everywhere. Well, we still expect that market hopefully sometime maybe April next year. I don’t know exactly because I probably missed the date before to pick back up, but it hasn’t yet. It’s still bobbling along. I hope it’s on the bottom. Just check out the spot rates and contract rates. People are anticipating at least not taking their still — people are still taking hits on their contract rates in that side of the business.
The small guys are still getting pushed out with the rise in fuel prices that were at 90, 120 days there. There’s just a lot. We’ve had a little bit too much supply on the long over-the-road trucks. We just have. So we’re trying to — it’s trying to be pushed out, which it will get pushed out it always does, but that is still the largest piece of the Class 8 truck business, okay? So I’ll try to reflect — I could go on and on, but I think you can get the gist of what I’m saying. Parts and service you asked about that also I would look, growth rates will slow down. Understand if you look at where we’re at now and you go, we’re only 3.5%. You got to dive in there a little deeper to really understand it. We were fairly flat at the revenue line, okay?
Well, the problem is 30% of our business roughly is still what we call unassigned accounts to small folks, the ones that you don’t have dedicated account salesman to — or the cash customer, those types it’s still 30% of our business. That business was almost 10%. That is caused by the slight recession, okay? Those are the — that’s the flex piece inside of everything out. The big guys are still good. They’re not making as much money, but they have a great cash position to write now. You’re big public carriers. But those folks are also a higher-margin piece of our business, right? Okay. So, fortunately, for us, we’ve had some real — done some really nice stuff around going after dedicated people, going out from national account business, that business is up quite dramatically.
