Filed in Michael White

Thursday, November 18, 2010

Much of the first half of 2010 centered on inventory restocking, which led to improved freight volumes, shortages of equipment and higher rates, especially when compared to a trying 2009. Since that time, things have changed with volumes relatively flat since mid-year and the theme of ‘cautious optimism’ prevailing when it comes to the long- and short-term economic outlook. These sentiments were echoed to a large degree at the opening session of this week’s TransComp expo, hosted by the National Industrial Transportation League, the Intermodal Association of North America, and the Transportation Intermediaries Association.