* Virginia - Class 8 trucks in use will grow from 3.56 million in 2015 to 3.98 million by 2026
-- A new report from American Trucking Associations projects freight volumes will increase by nearly 29 percent over the next 11 years... Between 2015 and 2026, pipeline volumes will increase an average of 10.6 percent a year and their share of freight will increase from 10.8 percent in 2015 to 18.1 percent in 2026, the report said... The report is a collaboration between ATA and IHS Global Insight, and projects a 28.6 percent increase in freight tonnage and an increase in freight revenues of 74.5 percent to $1.52 trillion in 2026... For the first time, this year’s forecast includes near-term projections for 2015 and 2016 and estimates for changes in the size of the Class 8 truck fleet. The number of Class 8 trucks in use will grow from 3.56 million in 2015 to 3.98 million by 2026, the report said... The report found that trucking will still be the dominant mode of freight transportation, although the share of tonnage it hauls dips slightly. Even though truck tonnage grows over the forecast period, trucking’s share will dip from 68.8 percent in 2014 to 64.6 percent in 2026...
(Photo: Ice Road trucks' convoy) -- Arlington, VA, USA - Transportation Infrastructure News - Jul 28, 2015
* New Jersey - US shippers, truck companies reap low fuel price benefits
-- If U.S. shippers feel less pain when it comes time to pay freight bills this year, they can thank the worldwide oil glut. With the third quarter under way, the very significant impact of the collapse in oil and fuel prices over the past year on U.S. freight transportation is clear... The 28 percent drop in diesel prices has benefited shippers and trucking companies alike, by reducing fuel surcharges levied by carriers and the reliance of some carriers on those surcharges. The drop in surcharges in many cases outstripped the decline in fuel costs alone... Inmediate result for many trucking companies was less total revenue. However, many companies did get more of a bang for their buck in the form of higher profits, partly thanks to reduced fuel costs and partly to ongoing improvements in utilization and management... At the same time,there are emerging signs that the rapid rise in contract truck rates since 2013 could slow in the months ahead, barring an unexpectedly strong surge in freight demand that would quickly consume available capacity. That’s good news for U.S. shippers eyeing the fall peak... The time is ripe for shippers to work with carriers to prepare for what will certainly be another period of tight capacity and price hikes in the next year or two, thanks to new U.S. regulatory requirements, particularly the electronic logging mandate for truckers expected this fall...
(Photo: Truck sunset on highway) Newark, NJ, USA - JOC, by William B. Cassidy - Jul 28, 2015Labels: trucking industry news USA
![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
0 Comments:
Post a Comment
<< Home