Looking at truck freight, FTR sees incremental firming of the market over the rest of 2020 and into 2021. The current forecast for loadings is for this year to be about 5.7% less than last year, although that forecast has improved from where it was a month ago, thanks to recent improveme...
Darcy MacClaren, chief revenue officer at SAP Digital Supply Chain, says current trucking freight rates are a barometer of the state of the industry, and the downstream effects of higher inflation, including increased driver wages, fuel prices and interest rates have potential to boost freight rate...
In the highly competitive trucking industry, freight rates are determined by supply and demand. Both are critical, but in our analysis, supply is the single best predictor of rates over the long term. If you understand where capacity is headed, you can plan more effectively f...
Forecast Data Period 2025 - 2030 Market Size (2025) USD 164.8 Billion Market Size (2030) USD 195.5 Billion CAGR (2025 - 2030) 3.48 % Market Concentration Low Major Players *Disclaimer: Major Players sorted in no particular order Compare market size and growth of France Freight and Log...
Forecast Data Period 2025 - 2030 Market Size (2025) USD 14.7 Billion Market Size (2030) USD 19.9 Billion CAGR (2025 - 2030) 6.24 % Market Concentration Low Major Players *Disclaimer: Major Players sorted in no particular order Compare market size and growth of South Africa Freight and...
Or, as FTR Chairman and CEO Eric Starks put it, “You buy a truck to move freight.” He went on to point out that “manufacturing [output] is the lifeblood of trucking. Right now, [based on the ISM Manufacturing Index]. And to forecast Class 8 demand, manufacturing is in equilibrium...
Ocean Freight Port of Baltimore Shipping Update: Key Bridge Collapse Fallout Industry Updates The Weekly Freightos Freight Rate Update Market Updates Panama Canal Shipping News: Impact of the Panama Canal Drought Ready to Simplify Your Shipping?
Based on customer type, the market is classified into B2B and B2C. The B2B segment dominated in 2022, gaining a revenue share of 55.4%. It is expected to witness a CAGR of 4.3% during the forecast period.Technology integration has been instrumental in driving the growth of the B2B segment...
“forecast,”“intend,”“will,”“expect,”“anticipate,”“believe,”“seek,”“target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements, which include the financial outlook of Freightos, are based ...
(that is, airlines, ocean liners and LCL consolidators) and also other providers of freight services such as trucking companies, freight forwarders, general sales agents, and air master loaders. The number of transactions booked on the Freightos platform in any given time period is ...