Price Trends: Trucking
Latest Logistics News
STB Chairman Martin J. Oberman retires LM reader survey drives home the ongoing rise of U.S.-Mexico cross-border trade and nearshoring activity USPS cites continued progress in fiscal second quarter earnings despite recording another net loss U.S. rail carload and intermodal volumes are mixed, for week ending May 4, reports AAR New Ryder analysis takes a close look at obstacles in converting to electric vehicles More NewsThe 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 |
| Truckload | -0.7 | -0.5 | -1.0 |
| Less-than-truckload | 3.7 | -1.4 | -2.5 |
| Tanker & other specialized freight | -0.6 | 1.0 | 1.4 |
Source: Elizabeth Baatz, Thinking Cap Solutions. E-mail: [email protected]
Article Topics
Latest in Logistics
Automate and Accelerate: Replacing Pick-to-Light with the Next Generation of Automation STB Chairman Martin J. Oberman retires LM reader survey drives home the ongoing rise of U.S.-Mexico cross-border trade and nearshoring activity A buying guide to outsourcing transportation management SKU vs. Item-level Data Visibility: Why it Matters for End-to-End Traceability Key benefits of being an Amazon Business customer with Business Prime USPS cites continued progress in fiscal second quarter earnings despite recording another net loss More LogisticsSubscribe to Logistics Management Magazine
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.
May 2024 Logistics Management
Latest Resources
