The trucking industry faced the following economic conditions in 2011 the US: (1) At last the US economy was recovering from a prolonged slump during which the trucking had shrunk its capacity by 14%, (2) government instituted new regulations imposing more frequent inspections and the restricting operators' daily driving hours, and (3) year over year, the diesel fuel prices were up by the 9%. What overall impact do you calculate on the industry output and the trucking rates?