Surface transportation shippers expect trucking companies and railroads to ease up on the pricing pressure through 2013 and into early 2014, but their expectations on securing space for freight vary widely by mode, according to a quarterly survey by New York-based transportation research and consulting firm Wolfe Research. Shippers’ expectations of a deceleration in pricing growth comes despite their forecasts of same-store volume rising slightly under 3 percent this year, according to the survey. The majority of polled truckload shippers expected tightened capacity, while less than a quarter of their LTL counterparts predict any trouble finding space in the same period. The majority of rail shippers didn’t have any trouble finding capacity in the first quarter, suggesting that unless rail traffic rebounds aggressively, they won’t likely have trouble in the months ahead.
For an in-depth discussion of the outlook according to shippers, see US Shippers Curb Their Expectations.