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  • Growth ahead for transportation spending

    By Dave Hannon -- Purchasing, 5/24/2006 2:00:00 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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