|Expenditures rise right in line with Shipments - rates relatively flat|
Right now freight volumes are relatively balanced and shippers should not be experiencing overall pressure on rates (except for very specific lanes). There is just enough good news to give some hope however as I have reported in other postings the macroeconomic trends still show a very reserved economy. I still believe the shipper who works with good data, "should cost" information around driver costs, truck costs and fuel costs, and who can segment their network will be far more effective at procurement than those who "wing it" with emotion and buy into the fear game.
For truckload volumes, rates are down down (month over month) for two months in a row: