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