Trucking

By Daryl Delano -- Logistics Management, 12/1/1998

Average prices within the broad trucking and courier services sector moved up a scant 0.1% between September and October. Almost all of the increase can be attributed to continued sharp price hikes in the less-than-truckload category, which rose 1.3% in October, while local general freight charges dropped a surprising 2.4% and average truckload prices moved ahead a characteristically slight 0.1%. It appears that the overall trucking price index will rise about 2.5% for the year 1998.

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

Less-than-truckload +1.3 +6.0 +9.1

Truckload +0.1 0.0 +0.7

Agricultural - not local 0.0 +0.2 -0.8

General freight - local -2.4 -1.8 -4.7

Agricultural - local 0.0 0.0 0.0