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Truckload Rates Continue Struggling, Intermodal Pricing Continues Surge | TruckingInfo.com

“This is consistent with the pre-announcements of lower earnings by several of the larger trucking companies,” Broughton Capital said. “Our pricing forecast for 2017 is now -1% to 2%, as the current strength being reported in spot rates by DAT Solutions is leading us to believe contract pricing rates should move back into positive territory at least on a sequential (month-over-month) basis.

The Cass Truckload Linehaul Index measures market fluctuations in per-mile truckload pricing that isolates the linehaul component of full truckload costs from others, such as fuel and accessorials, providing a reflection of trends in baseline truckload prices.

Meantime, the Cass Intermodal Price Index, recorded its sixth straight year-over-year improvement in March, hitting a level of 135.4, its best reading since April 2014.

It showed intermodal pricing rose 4.8% year-over-year in March after February’s 4.9% increase while March was 3.5% better than the month before.

“We expect intermodal rates to show better strength in 2017 than were achieved in 2016,” Broughton Capital said. “Simply put, the current level of demand and pricing will produce a positive year over year comparison for the next nine to 10 months.”

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Truckload Rates Continue Struggling, Intermodal Pricing Continues Surge – News – TruckingInfo.com.

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