Trucking

By Staff -- Logistics Management, 7/1/1999

Trucking rates, on average, did not budge from April to May 1999. But thanks to earlier rate hikes, the inflationary trend has yet to be broken. Looking at May 1999 rates compared with May 1998 rates, we see the price to haul agricultural products out of the local market rose 8.6%. Similarly, the price to haul general LTL freight jumped 7.3%. Increases in rates for hauling local general freight and non-local truckload freight have been less onerous. By the end of 1999, the forecast calls for trucking rates to be up 2.4%, on the heels of last year's 2.5% hike.

% CHANGE VS.: 1 month ago 6 mos. ago 1 yr. ago

Less-than-truckload 0.0 +2.6 +7.3

Truckload 0.0 +0.5 +0.9

Agricultural - not local 0.0 +8.4 +8.6

General freight - local 0.0 +0.2 -1.5

Agricultural - local 0.0 0.0 0.0

Talkback

We would love your feedback!

»MORE

Featured Company

KANE Is Able, Inc.

KANE Is Able, Inc. is a third-party logistics provider that helps consumer packaged goods (CPG) companies warehouse and distribute goods throughout the U.S. Its CPG logistics services include transportation, distribution, contract packaging... more
IBM

With deep experience in industries across the globe, unparalleled research capabilities, proven technology solutions and accountability for results, IBM Global Business Services is a different kind of partner delivering the full equation. IBM's... more
HighJump

Forward-thinking companies entrust HighJump Software to power their supply chains. HighJump Software simplifies the art and business of creating, selling and moving products across global networks. HighJump Software helps more than 1,300 clients... more
TMSi Logistics

TMSi Logistics, a nationally recognized Top 100 third party logistics provider and Inc. 5000 company, has built a powerful reputation in the industry by successfully managing costs and optimizing customer service... more