Wednesday, June 23, 2010

TL and LTL prices have increased - here are some details

According to Logistics Management Magazine, TL and LTL rates increased 1.6% and 1.1% respectively. Attached are charts from the magazine.


http://logisticsmgm-pwf.texterity.com/logisticsmgm/201006/?pg=14&pm=1&u1=friend

Interesting quote from the article - "truckers remain under extreme cost pressures, so every opportunity for new surcharges will be seized"

Wednesday, June 16, 2010

Truckload Pricing and Fuel Trends - Update 7/14/10

Here is an update on fuel prices as of 7/14/10.

From the US Energy Information Administration - the projected average annual retail fuel prices are detailed in this link.

Link to: Detailed snapshot of current fuel indices from the EIA.

Updated Truckload Pricing and Fuel Data

Here is an update on fuel prices as of 6/17/10.

From the US Energy Information Administration - the projected average annual retail fuel prices are detailed in this link.

Link to: Detailed snapshot of current fuel indices from the EIA

The Truckload Price trends:

The Freight Transportation Services Index (TSI) rose 0.3 percent in April from its March level, rising for the third consecutive month, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS). BTS, a part of the Research and Innovative Technology Administration, reported that the Freight TSI index has risen 4.9 percent over the last 11 months, starting in June 2009, after declining 15.3 percent in the previous 10 months beginning in August 2008. The index has increased in nine of the last 11 months. The index started 2010 with a decrease of 1.4 percent in the first four months. For additional historic data, go to http://www.bts.gov/xml/tsi/src/index.xml.

The Freight TSI measures the month-to-month changes in freight shipments in ton-miles, which are then combined into one index. The index measures the output of the for-hire freight transportation industry and consists of data from for-hire trucking, rail, inland waterways, pipelines and air freight.