Price Trends: Rail
in the NewsState of Logistics 2016: Pursue mutual benefit Don’t sleep on the truckload spot market AAR reports mixed U.S. carload and intermodal volumes for week ending November 26 Global motion control shipments increase 5% in first nine months of 2016 Orbis welcomes new manufacturing vice president 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.
|% Change vs.||1 month ago||6 mos. ago||1 yr. ago|
Source: Elizabeth Baatz, Thinking Cap Solutions. E-mail: [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Warehouse & DC Operations Survey: Ready to confront complexity 2016 Quest for Quality Awards Dinner View More From this Issue