The latest American Trucking Association (ATA) report predicts freight volumes and the amount of goods moved by truck will grow. Shipping rates are expected to increase as existing capacity is negatively affected by economic conditions and new regulations.
In the US Freight Transportation Forecast to 2027, between 2016 and 2027, overall freight tonnage will grow a total of 35%. During the same period, the amount of freight moved by trucks will grow at 27%. Even though economic and carrier conditions favor a “shipper’s market”, a realignment of factors – capacity, inventory, interest rates – will results in higher transportation rates in 2017.