Freight Growth Predicted in 2016
According to freight transportation analysts, trucking companies are predicted to experience growth in 2016.
With the expansion of the Panama Canal, many supersize container ships are expected to direct freight to ports throughout the US Gulf of Mexico and the Eastern Seaboard. The expansion of the Canal is also increasing the demands for transportation, warehousing and distribution centers all over.
Shippers are moving moderately away from private fleets and towards implementing dedicated driver / outsourced fleet management models to their programs to relieve product capacity concerns and improve daily operations.
Alongside of the US government's newly signed law to fund new highways and the consistent rise of the economy, freight growth is predicted in 2016.
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Source: Transport Topics