Mike
Well-Known Member
An uneven flow of freight volume combined with the still-uncertain impact of changes to hours of service (HOS) regulations that went into effect July 1 are retarding the ability of carriers to win significant rate increases, at least for the moment.
“We believe truckload industry dynamics remain on the precipice of greater things to come,” noted John Larkin, CFA, managing director and head of transportation capital markets research for Wall Street firm Stifel, Nicolaus & Co., in a recent investor update.
“While supply and demand are roughly in balance, not enough customers believe that the new HOS rules will create widespread capacity shortages,” he added. “Therefore, pricing increases are limited to lane-specific changes of low single digit year-over-year increases.”
Full Story
“We believe truckload industry dynamics remain on the precipice of greater things to come,” noted John Larkin, CFA, managing director and head of transportation capital markets research for Wall Street firm Stifel, Nicolaus & Co., in a recent investor update.
“While supply and demand are roughly in balance, not enough customers believe that the new HOS rules will create widespread capacity shortages,” he added. “Therefore, pricing increases are limited to lane-specific changes of low single digit year-over-year increases.”
Full Story
