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PROGNOSIS
* USA - Goodbye Trucking Capacity Crunch, Hello Recession?
Dedham,MA,USA -ARC Advisory Group (press release) -Jan 5, 2007: -- The “Perfect Storm” that captured headlines a couple of years ago—rising fuel prices, decreasing trucking capacity, etc.—is still overhead, but its intensity has certainly degraded from hurricane strength to tropical storm. Diesel prices, while still high compared to a few years ago, are down about 11 percent since June... Last week, The American Trucking Associations (ATA) reported a 3.6 percent drop in its Truck Tonnage Index for November, following a 1.9 percent decrease in October. Compared to November 2005, the index decreased 8.8 percent, the largest year-over-year decrease since December 2000. The trucking industry is widely viewed as a leading economic indicator. If the index continues to decline in the months ahead, the warning bells about the economy will ring louder. The bottom line: there may be some additional relief ahead for shippers in terms of transportation rates and capacity, but the trade-off may be a weaker economic environment. As one storm weakens, another threatens to emerge...
* USA - Retail Container Traffic to grow more slowly in 2007
Washington,DC,USA -Furniture Today (Greensboro,NC,USA) -5 Jan 2007: -- Traffic at the nation's major retail container ports should continue to grow in 2007 as retailers import more merchandise from abroad, but won't grow as fast as it did during 2006, according to the monthly Port Tracker report from the National Retail Federation and Global Insight...
posted by Unknown @ 2:39 PM
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