From wikiMHEDA

Jump to: navigation, search
In order to provide more lift truck, conveyor, storage and handling, rack, mezzanines and material handling regional news and information, please provide your Zip Code information in the box at the right and press Go. Thank you!Zip Code:  

Material Handling Headlines

Truckload Rates To Rise

- 7/21/2009
While demand for truckload remains low, more market watchers continue to warn that truckload carriers are investing very minimally in new capacity, which means that when truckload demand does eventually return, freight buyers need to be prepared for tight capacity and higher rates.

In a recent survey of truckload carriers conducted by Transport Capital Markets, almost 70% of the industry says that it expects to add less than 10% to the current fleet in the next 12 months and only 1.6% say they are planning to add more than 33%.

"Capacity is not sustainable at the current level, which means that when tonnage does return, the capacity is not going to be there, and therefore, rates will increase," says Lana Batts, managing partner of Transport Capital Markets.

Read the full story at purchasing.com.

RSS Feed  Bookmark and Share

  Comment(s) Post a Comment 
 Be the first to comment on this News Item.

 Comment on this News Item:
Name:
Company:
Email:
Comment:
Security Code: CAPTCHA Image Reload Image
Enter the text shown in the box above.
Comments that include profanity, personal attacks or antisocial behavior such as "spamming," "trolling," or any other inappropriate material will not be posted to the site and/or will be removed from the site. You are fully responsible for the content you post. Neither the Association nor the publisher of this website, Data Key Communications, Inc, are responsible for the contents thereof or the opinions of the contributors. Contact and company information entered must be true and accurate. By submitting a comment, you agree to these terms and conditions.

More Headlines Showing Page 1 of 200
1 2 3 4 5 Next›   Last››
12/20/2011Manufacturers To Double Internships ...more | Comments
Industry leaders commit to double engineering internships.
12/20/2011New Orders Grow In 2011 ...more | Comments
Equipment orders grow 17.1 percent in first half.
12/20/2011Coca-Cola Moves To Fuel Cells ...more | Comments
Crown Equipment to provide trucks.
12/19/2011Robotics Event Held In Indiana ...more | Comments
Indiana Robotics Invitational inspires young people.
12/19/2011BMW Seeks Methane-to-Hydrogen Conversion ...more | Comments
Automaker launches $1 million project to convert landfill gas.
12/19/2011CEMA Reports Growth ...more | Comments
Booked Orders Index up 7 percent over 2010.
12/16/2011Small Business Contracting Increases ...more | Comments
Federal government shows increase in contracting dollars to small firms.
12/16/2011U.S. Leads World In Hydrogen Forklifts ...more | Comments
More than 1,500 forklifts deployed or ordered in 2010.
12/16/2011Supply Chain Impacted By Social Media ...more | Comments
Social media are having an effect on supply chains and procurement.
12/15/2011NMHG Receives Top Plant Award ...more | Comments
Berea, KY manufacturing facility receives 2011 Top Plant Award.