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Survey - Canada - Easing of truck capacity concerns – reality or wishful thinking?
Toronto,ON,Canada -Truck News, by Lou Smyrlis -Dec 2005: -- Deep concern about capacity in the trucking sector over the past couple of years has shifted the balance of power between shippers and motor carriers and led to the most significant increases in truck rates since deregulation of the industry back in the late 80s... Our recently completed Annual Transportation Buying Trends Survey, conducted in partnership with the Canadian Industrial Transportation Association and CITT, found that 83% of shippers using truck transport paid higher rates in 2005 compared to the previous year, which saw record rates in itself. Two thirds reported paying rate increases of 4% or higher with a fifth reporting increases of 10% or higher... Easing of capacity concerns? Although they reported their concern about truck capacity is easing, four out of five still expect rate increases for 2006 with 53% expecting to pay 4% more or higher...
posted by Unknown @ 11:33 AM
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