Trucking

By Staff -- Logistics Management, 2/1/1999

Rates for less-than-truckload (LTL) transport are traversing some bumpy roads, according to the Bureau of Labor Statistics. In December 1998, the price index for interstate trucking of general LTL freight rose 0.6% from the previous month and jumped a whopping 8.5% from December 1997 levels. The index for all trucking and courier services, meanwhile, is up just 3.0% from December 1997 to December 1998. The forecast calls for trucking prices to rise 2.0% in 1999.

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

Less-than-truckload +0.6 +4.6 +8.5

Truckload 0.0 +0.3 +0.6

Agricultural - not local 0.0 0.0 -1.2

General freight - local +0.1 -2.1 -1.0

Agricultural - local 0.0 0.0 0.0