Vise also looked at truck utilization statistics, which have a direct bearing on rates. Looking at the share of seated trucks actually engaged in hauling freight, Vise said, “right now we basically feel we’ve bottomed out but aren’t particularly strong yet. At this stage we anticipate a ...
The United States Freight and Logistics Market is expected to reach USD 1.33 trillion in 2024 and grow at a CAGR of 3.90% to reach USD 1.67 trillion by 2030. C.H. Robinson, FedEx, J.B. Hunt Transport, Inc., Kuehne + Nagel and United Parcel Service of Ame
How fast are domestic and international road freight markets forecast to grow out to 2028? Who are the top 10 road freight start-ups to watch in 2024? Automotive and e-commerce are important drivers of road freight growth, how will these markets perform over the coming months?
Hence, the distribution (share % for base year of the study) of truck sales volume for leading truck brands and commentary on current market scenario & market anticipation over the forecast period have been presented in this industry trend. Manufacturing - This end user industry segment captures...
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“We will exit the freight recession in Q3 and rates will go up in the back end of the third quarter,” he added. “I think the holiday season will be interesting in terms of freight prices because of the tighter truck capacity. We are at relative historic lows from a freight rate ...
high investments are slow to come and often require time, thus having a negative impact on the demand for intermodal freight transportation. Hence, these high infrastructure cost requirements are expected to impede the growth of the global intermodal freight transportation market during the forecast ...
Despite expectations that port congestion would ease throughout 2021 and send shipping rates falling toward pre-pandemic levels, disruptions are forecast to persist through at least the first half of this year. At the beginning of January, the Marine Exchange of Southern California reported the queue...
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Retail Sales forecast has remained flat from previous months Global purchasing power dips slightly but global inflation rates continue to decline Purchasing Managers’ Index (PMI) Global manufacturing PMI rose slightly to 49.1 in September, up from 48.7 in June, staying below the 50.0 mark for the...