By Dave Hannon -- Purchasing, 5/24/2006 6:00:00 AM
In its latest buyer survey, Purchasing found that 92% of buyers plan to either increase (40%) or hold steady (52%) their spending on transportation services. Only 8% of buyers said they were planning to decrease their spending on transportation, indicating demand for freight is still very high and rates reflect it—85% of buyers polled said they see transportation prices on the uptick. “Our local transportation and LTL rates have gone up in the first quarter,” says a supply chain director responding to Purchasing’s survey.
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