Price Trends: Trucking
in the NewsState of Logistics 2016: Pursue mutual benefit June and year-to-date intermodal volumes see over all declines, reports IANA Cass and Avondale data highlights declining truckload and intermodal rates NYK is latest ocean carrier to opt for INTTRA’s eVGM Service Peak Season dynamics continue to see changes More News
The cyclical low point in inflation (or, in current environment, deflation) appears to have finally passed. U.S. Labor Department surveys report LTL transaction prices jumped 3.7% from January to February 2010. Of course, that one month didn’t wipe out five consecutive months of LTL price cuts, but any glimmer that recession-induced price concessions may be ending should concern shippers. From the July 2008 peak to the March 2009 trough, average trucking prices fell 8.6% while industry costs dropped 14.7%. Since hitting bottom, prices have inched up 1.5% as fuel-driven inflation has pushed aggregate industry costs up 8%. Our new trucking price forecast: 1.5% annual gain in 2010 and 2% in 2011.
|% Change vs.||1 month ago||6 mos. ago||1 yr. ago|
|General freight - local||0.6||0.8||2.6|
|Tanker & other specialized freight||-0.6||1.0||1.4|
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2016 State of Logistics: Third-party logistics 2016 State of Logistics: Ocean freight View More From this Issue