Price Trends: Rail
in the NewsState of Logistics 2016: Pursue mutual benefit May trade between U.S. and NAFTA partners down 3.1 percent UPS reports solid Q2 earnings paced by international and B2C growth AAR reports another week of declining volumes Despite mixed Q2 results, transportation & logistics deal making prospects look bright More News
In February 2010, average prices for intermodal rail freight services increased 0.3% from a month ago and 5.5% from February 2009. But compared to the same month two years ago, intermodal tags remain down 2.9%. These price changes mirror changes in U.S. rail intermodal traffic as reported by the Association of American Railroads. Carload tags, however, despite a one-month 0.3% price cut this past February, now stand 0.3% above price levels set two years ago. After a fuel-driven August 2008 cyclical price peak to a trough set in April 2009, price trends are now settling into more typical inflation patterns. Our forecast continues to call for rail transportation prices to increase 3.5% in 2010 and 2.1% in 2011.
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