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TRUCKING STUDY * USA - Truckload Demand, Pricing Growing
Investment report says capacity, shipper demand more in balance
Cleveland/Akron,OH,USA -The Journal of Commerce -Oct 7, 2009: -- Truckload demand is improving across parts of the United States, helping turn around a decline in pricing and raise prospects for higher rates in coming months, an investment analyst said in a report released Wednesday... Lee Klaskow, an equities analyst at Longbow Research said in a study of the market, that demand in the industrial trucking business improved in September, with the dry-van segment that includes large retail shipments heading to distribution centers improving and that building and construction supplies also picked up ahead of expectations... Carriers are reporting getting higher rates for loads from brokers, suggesting that widespread cuts in capacity are pushing truck capacity into closer alignment with demand... (Photo from gobobpipe: Feed Bunks Truckload)
Labels: study
posted by Unknown @ 7:23 AM
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