Logistics Market Business Intelligence
By David Hannon -- Purchasing, 10/15/2009 2:00:00 AM
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2.2%
Average rail rate increase forecasted for 2010
Source: Wolfe Research survey
WHAT IT MEANS:
Shippers told Wolfe Research that rate increases might be more than originally thought for 2010 because of economic growth and lack of capacity on the rails.
11%
Navistar's forecasted increase in commercial truck sales next year
Source: Navistar
WHAT IT MEANS:
It's another in a growing list of signs that demand for freight—and trucking specifically—will pick up in 2010. Freight buyers are negotiating contracts now to get better rates.
4%
Increase in container imports for 2010
Source: KeyBanc Capital Markets
WHAT IT MEANS:
After a 15% dive is finished in 2009, next year and 2011 will see import growth again, fueling more freight activity in the U.S. for truckers and rail carriers.
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