Predictions for US Trucking, Parcel, Ocean Freight, and Air Freight

Overall: The economy and the stock market are high flying in 2017. Also, there is global unrest as we end this year. US Truck drivers are aging, but some trucking companies are addressing this head on with their own truck driving academies vocational professions to costly 4 year degrees. Amazon has reinvented transportation standards and has created extra capacity, as well as Uber freight. Oil prices have remained semi-stable and Ocean carriers have consolidated into fewer choices.

With this in mind, here are our predictions

US Trucking

FTL: Flat

LTL: Rise 5%

Parcel

Rise 5%

Ocean Freight

Rise 10%

Air Freight

Rise 7%
 

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