Transport concerns adapt to lower freight volumes in “challenging” freight environment

The combination of a slumping U.S. manufacturing economy, a nervous trade war between the world’s two largest economies, a 40-day labor strike that shut down General Motors Corp., and a general economic malaise nervously settling in over much of the nation is causing transport executives and shippers to nervously change their economic game plans for 2020. Source: logistics Mgmt

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Cass and Broughton Capital report cites ongoing truckload and intermodal pricing strength

Truckload rates, which measure linehaul rates, headed up 2.7% annually to 138.4 (January 2005=100), extending a stretch of gains going back to November 2017). This reading is in close range of the 144.2 set in December 2018. On the intermodal side, the report said that on the heels of hitting an all-time high of 151.9 in March, April’s reading dipped 1.4% to 149.8 while still growing 5.6% annually. Source: logistics Mgmt

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