摘要: |
Trucking prices are fulfilling an old maxim: What goes down must come up. For the truckload market in June, transaction prices towered 25.2% above its May 2020 low point. At the same time, LTL prices, which last year did not fall as far as TL, currently stand 10.1% above its low. For buyers, alas, we see few prospects for inflation relief in the near term. Capacity constraints remain problematic, e-commerce is still hot, labor shortages continue, and die-sel fuel prices are up 37% above year-ago levels. Trucking industry prices are forecast to jump 15.5% for TL and increase 8.1% for LTL this year and then slow for both to around 3% in 2022.U.S.-owned waterborne cargo companies are reporting some solid price hikes. Continuing to surprise with their inflation muscle, respondents in the deep-sea category indicate their average prices increased 9.6% in the second quarter of 2021 compared to a year earlier. Great Lakes-St. Lawrence Seaway prices also jumped 10.1% at the same time. Compared to their lowest price levels set during the pandemic, average prices for both are up 15%. With another upward revision, the average annual inflation rate for deep-sea is expected to be 6.8% this year and 4.2% next year. The inland waterways category lags with a 4.9% price decline in 2021 followed by a 4.9% increase in 2022. |