Tuesday, May 25, 2010

Transportation Pricing on the Rise - Survey

An excerpt from Supply Chain Today regarding the Freight Pulse 18 Morgan Stanley/ Logistics Today survey - by Dave Blanchard.

"According to FreightPulse 18, a semi-annual survey of preferred transportation modes conducted by equity research firm Morgan Stanley with Logistics Today, it’s expected that those shippers using rail carriers to move their freight will see a 2.5% hike in their rates through the end of 2010. Even so, rail carriers will see a 2.6% increase in the amount of goods shipped this year. Rail is generally the least expensive mode of domestic transportation, and volume growth is expected to be comparable to the 2003/2004 rebound."


Read the whole story...

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