* Texas - Spot Market Truck Volume Up 39 Percent
Houston,TXS,USA -The Journal of Commerce, by Mark Szakonyi -Nov 15, 2011: -- Spot market volume on TransCore’s network of load board slipped 3.7 percent in October from September and rose 39 percent year-over-year... Higher load volume made October the biggest month for the spot truckload market ... Truckload spot pricing for various equipment types were mixed: The national average dry van spot market rates rose 1.5 percent from September and 6.3 percent from a year ago. Refrigerated rates fell 2.5 percent from September and rose 2.7 percent from a year ago. Flatbed rates were flat from September but jumped 12 percent year-over-year... In a recent survey, TransCore Freight Solutions found for-hire truckload carriers increased their revenue and pricing 10 percent in the first half of the year...
* Indiana - Truckload Rates to Rise 10 Percent in 2012, FTR Says
Nashville,IND,USA -The Journal of Commerce, by William Cassidy -Nov 15, 2011: -- Economist predicts pressure on shippers as capacity remains constrained... Shippers are likely to face steep increases in truckload rates in the next two years, followed by a recession in 2014 or 2015, a transportation economist warns... The expansion of U.S. manufacturing is buoying freight shipping in the U.S. this year despite weak imports... Truckload volume should grow 2 to 3 percent year-over-year for the next two years, but won’t climb back to the level of the pre-recession peak, Noel Perry, senior consultant with FTR Associates said... The increase in domestic freight and exports combined with tight truckload capacity is likely to boost truckload rates in the 10 percent range in 2012... The chances for a recession in 2014 or 2015 are “pretty great,” he added, and a recession in China or crisis caused by mounting U.S. debt could be the trigger...Labels: trucking statistics
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