Structural & Cyclical Shifts in the Trucking Industry

Size: px
Start display at page:

Download "Structural & Cyclical Shifts in the Trucking Industry"

Transcription

1 Structural & Cyclical Shifts in the Trucking Industry Tim Denoyer ACT RESEARCH Co., LLC October 2018

2 Agenda Structural Shifts in Trucking Implications for NGV and CEV Economics Truckload Freight Cycle Primary part of U.S. freight transport network Largest market for Class 8 trucks Freight Forecast 2019 Truckload Market Volume and Rate Outlook ACT Research Co., LLC, Copyright

3 Structural Shift To Shorter Haul Increasingly regional distribution conducive to alt fuels ACT Research Co., LLC, Copyright

4 Industry Shift Toward Day Cabs 2000s average: 39.5% 20-year average: 40.0% 10-year average: 41.1% 5-year average: 41.7% 2-year average: 43.3% ACT Research Co., LLC, Copyright

5 U.S. Tractor Day Cab Population 15-Year Class 8 Tractor DC Population pertains to Regional TL & LTL Applications Short-haul, regular route, home to base operations work for alt fuels ACT Research Co., LLC, Copyright

6 Fuel Economics Alt Fuels TCO Calculator favors natural gas ACT Research Co., LLC, Copyright

7 Freight Cycle Overview Near-term positive 2018 Peak Shipping Season Setup Dwell times extending in Vancouver as import share shifts from LA/LB Houston/East Coast Ports gaining import market share Strong consumer trends led by e-commerce Recent Savings rate revision baffling but good news Inventory/sales looks reasonably tight Machinery demand on fire ACT Research Co., LLC, Copyright

8 Near-Record Carrier Profitability Strong case for a continuation of carrier profit improvement into 2019, based on contract rates locked in this year outweighing wage headwinds, but 2020 looks like a down year *Public Carrier Database includes Celadon, Covenant, Daseke, Heartland, JB Hunt, Knight-Swift, Landstar, Marten, PAM, Schneider, Universal, US Xpress, USA Truck and Werner. ACT Research Co., LLC, Copyright

9 Freight on the Brake? Freight cycles historically tend to last years ACT Research Co., LLC, Copyright

10 Rail Growth Bodes Well Near Term Metals & Chemicals Rail Carloads tend to lead truck freight by about a month Intermodal historically lagged truck, but in recent years more of a lead ACT Research Co., LLC, Copyright

11 Freight Expectations Key Drivers of US TL Freight Going from Great to Less Good Trade Headwinds Intensify in 2019: Tariffs on imported Steel (25%) & Aluminum (10%) began in March % tariffs on $50b of Chinese and U.S. exports began in August % tariffs on US $200b of US imports from China rise to 25% on Jan 1, 2019 China responded with 5%-10% tariffs on $60b of US exports put in place on 9/24/18. Importers building safety stocks ahead of deadlines Financial Conditions tightening with short-term rates rising, yield curve flattening Above-normal 2017 Hurricane activity may become a headwind in late-2018/early-2019 Private fleets are expanding to reduce spot market exposure Higher For-hire rates improve economics of private fleet investment Will remove freight from the for-hire market in the coming quarters 2019 TL Volume growth to slow materially ACT Research Co., LLC, Copyright

12 Classic Late Cycle Demand increases faster than capacity Capacity nears its limits, leading prices and profits to rise Higher inflation causes central banks to raise interest rates Tighter monetary policy causes asset prices (stocks) to fall because the discount rates used in valuing them are rising Why its not unusual to see a strong economy with falling stocks Surge in earnings can help put in new market highs classic top Combination of higher inflation & interest rates and volatile stocks can negatively impact economic demand This reduces inflationary forces and allows the central bank to lower interest rates to stimulate a new cycle ACT Research Co., LLC, Copyright

13 Survey Signals Slowdown Volume slowing as Capacity growth rises; reminiscent of 2015 ACT Research Co., LLC, Copyright

14 Where are TL Spot Rates Heading? ACT Spot Leading Indicator (SLI) Leads DAT Dry Van Spot by 2-3 months with 77% correlation SLI Forecasts Spot Rates Slowing to +5% y/y in Q3; likely to turn down in 4Q ACT Research Co., LLC, Copyright

15 U.S. Class 8 Tractor Population The Under 11-year Class 8 Tractor Population pertains to Truckload and LTL applications Important for the transportation industry, but not the core market for Alt Fuels ACT Research Co., LLC, Copyright

16 Demand - Supply = Price Demand = ATA Load Index, and Supply = Tractor Population Growth Not perfect, but over 1-2 year time horizons, the Supply-Demand balance usually determines the direction of rates. ACT Research Co., LLC, Copyright

17 2019 Market Balance? Freight Volumes Slower, Tractor Supply Faster Should lead to greater balance, with more modest pricing gains than widely expected Risk of Imbalance if Trade War hits Freight Could drive rates to flat to down in 2019 Upside Potential if tax cut-fueled U.S. Consumer/Industrial economy drives a longer than normal freight cycle Could drive rates up ~5% again in 2019 ACT Research Co., LLC, Copyright

18 ACT Research Company, LLC 4440 Middle Road Columbus, IN Main Phone: (812) Direct: (812)

J.B. Hunt Transport Services, Inc. Q Results

J.B. Hunt Transport Services, Inc. Q Results J.B. Hunt Transport Services, Inc. Q3 2016 Results Disclosure This presentation and discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act

More information

INSIGHT. The Truck Stops Here May 2018 VIEWPOINT JOEL C. SHPALL MAY 17, 2018

INSIGHT. The Truck Stops Here May 2018 VIEWPOINT JOEL C. SHPALL MAY 17, 2018 INSIGHT VIEWPOINT JOEL C. SHPALL MAY 17, 2018 If manufacturing is the heart of an economy, freight traffic is its lifeblood. Evidence of a surge in manufacturing can be seen not only in the stats on capital

More information

J.B. Hunt Transport Services, Inc.

J.B. Hunt Transport Services, Inc. J.B. Hunt Transport Services, Inc. J.P. Morgan Aviation & Transportation Conference 2009 Disclosure Today s presentation and discussion will contain forward-looking statements within the meaning of the

More information

The Difference This Time: Last cycle s inflation drives this cycle s productivity

The Difference This Time: Last cycle s inflation drives this cycle s productivity The Difference This Time: Last cycle s inflation drives this cycle s productivity Kenny Vieth ACT RESEARCH Co., LLC Federal Reserve Bank of Chicago Automotive Outlook Symposium May 30, 2014 Macro Assumptions

More information

J.B. Hunt Transport Services, Inc.

J.B. Hunt Transport Services, Inc. J.B. Hunt Transport Services, Inc. 4Q 2008 and Full Year Results What s your next move? Disclosure Today s presentation and discussion will contain forward-looking statements within the meaning of the

More information

Q 2/18 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS

Q 2/18 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS I N D U S T R Y Q 2/18 U P D A T E JARRETT LOGISTICS SYSTEMS C O N T E N T O U T L I N E Section One: Fuel Section Two: Less-than-Truckload (LTL) Section Three: Truckload (TL) Section Four: Parcel Section

More information

Q 2/18 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS

Q 2/18 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS I N D U S T R Y Q 2/18 U P D A T E JARRETT LOGISTICS SYSTEMS C O N T E N T O U T L I N E Section One: Fuel Section Two: Less-than-Truckload (LTL) Section Three: Truckload (TL) Section Four: Parcel Section

More information

Q 2/18 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS

Q 2/18 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS I N D U S T R Y Q 2/18 U P D A T E JARRETT LOGISTICS SYSTEMS C O N T E N T O U T L I N E Section One: Fuel Section Two: Less-than-Truckload (LTL) Section Three: Truckload (TL) Section Four: Parcel Section

More information

Kenny Vieth ACT RESEARCH Co., LLC. FRB Chicago Automotive Outlook Symposium June 1, 2012

Kenny Vieth ACT RESEARCH Co., LLC. FRB Chicago Automotive Outlook Symposium June 1, 2012 Beyond the Soft Patch: A look at NA Commercial Vehicle Markets and the underlying demand drivers that promise to keep the market healthy for several years to come Kenny Vieth ACT RESEARCH Co., LLC FRB

More information

Freight Rate Survey 2017

Freight Rate Survey 2017 Freight Rate Survey 2017 Analysis of the Freight Rate Survey Since the recession which struck the United States in 2008, the trucking industry has been in a state of flux, marked with numerous governmental

More information

Tracking the Trucking Industry 2004 and Beyond

Tracking the Trucking Industry 2004 and Beyond Tracking the Trucking Industry 2004 and Beyond Presented by Dan Murray American Transportation Research Institute March 4, 2005 Presentation Outline 1. General Economics 2. Trucking Economics 3. Freight

More information

J.B. Hunt Transport Services, Inc.

J.B. Hunt Transport Services, Inc. What s your next move? J.B. Hunt Transport Services, Inc. 2Q 2013 Results SINGLE SOURCE INTERMODAL DEDICATED FINAL MILE TRUCKLOAD LESS THAN TRUCKLOAD REFRIGERATED FLATBED EXPEDITED Disclosure This presentation

More information

Q 3/17 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS

Q 3/17 I N D U S T R Y U P D A T E JARRETT LOGISTICS SYSTEMS I N D U S T R Y Q 3/17 U P D A T E JARRETT LOGISTICS SYSTEMS C O N T E N T O U T L I N E Section One: Fuel Section Two: Less-than-Truckload (LTL) Section Three: Truckload (TL) Section Four: Parcel Section

More information

J.B. Hunt Transport Services, Inc.

J.B. Hunt Transport Services, Inc. J.B. Hunt Transport Services, Inc. 3Q 2008 Quarterly Results Disclosure Today s presentation and discussion will contain forward-looking statements within the meaning of the Private Securities Litigation

More information

Innovations in Freight Management

Innovations in Freight Management Innovations in Freight Management Dave Menzel, President and COO Echo Global Logistics November 7, 2018 Why innovate? Supply chains increasing complex to manage TL market is very fragmented 80% of US truck

More information

What Freight Flows tell us about the Economy?

What Freight Flows tell us about the Economy? What Freight Flows tell us about the Economy? Donald Broughton Chief Market Strategist, Managing Director, Senior Equity Analyst September 11, 2012 I have often looked at that chair behind the President

More information

Relieving the Trucking Jam By Mark Alexander and Alexander Neuhaus

Relieving the Trucking Jam By Mark Alexander and Alexander Neuhaus Relieving the Trucking Jam By Mark Alexander and Alexander Neuhaus Motor carriers have been successful because of their ability and willingness to take just about any traffic at any price. And in the United

More information

U.S. Bank Freight Payment Index

U.S. Bank Freight Payment Index U.S. Bank Freight Payment Index National Freight Market Overview Shipments Spend Index Value 138.7 Index Value 189.1 Quarterly % Change 1.2% Quarterly % Change 0.7% Yearly % Change 7.8% Yearly % Change

More information

Global Coalition for Efficient Logistics. The Shipping Industry and the Global Economy! June 2009! Swiss based non profit public private partnership

Global Coalition for Efficient Logistics. The Shipping Industry and the Global Economy! June 2009! Swiss based non profit public private partnership The Shipping Industry and the Global Economy! June 2009! Swiss based non profit public private partnership INDEX The objectives of this document are to provide an overview of the Shipping Industry and

More information

U.S. Bank Freight Payment Index

U.S. Bank Freight Payment Index U.S. Bank Freight Payment Index National Freight Market Overview Shipments Spend Index Value 133.8 Index Value 200.3 Quarterly % Change 1.7% Quarterly % Change 7.2% Quarterly YoY % Change 1.1% Quarterly

More information

The Future of Trucking in Virginia: Interstate and Intermodal Strategies

The Future of Trucking in Virginia: Interstate and Intermodal Strategies The Future of Trucking in Virginia: Interstate and Intermodal Strategies Randy Mullett Vice President - Government Relations & Public Affairs, Con-way Inc. Virginia Global Logistics Forum December 7, 2011

More information

U.S. Bank Freight Payment Index

U.S. Bank Freight Payment Index U.S. Bank Freight Payment Index 3rd Quarter National Freight Market Overview Freight Shipments Freight Spend Index Value 133.0 Index Value 164.7 Quarterly % Change 3.3% Quarterly % Change 8.3% Yearly %

More information

Disclosure Statement

Disclosure Statement Transportation & Logistics Conference February 14, 2017 Disclosure Statement This presentation includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of

More information

Moving Forward, Looking Back: Logistics Best Practices. APICS VANCOUVER 2016 SUPPLY CHAIN STRATEGY SUMMIT November 2, 2016

Moving Forward, Looking Back: Logistics Best Practices. APICS VANCOUVER 2016 SUPPLY CHAIN STRATEGY SUMMIT November 2, 2016 Moving Forward, Looking Back: Logistics Best Practices APICS VANCOUVER 2016 SUPPLY CHAIN STRATEGY SUMMIT November 2, 2016 Outline Session Overview. Container Market. Intermodal Rail Market. Trucking Market.

More information

U.S. Bank Freight Payment Index

U.S. Bank Freight Payment Index U.S. Bank Freight Payment Index National Freight Market Overview Shipments Spend Index Value 137.1 Index Value 187.8 Quarterly % Change 1.4% Quarterly % Change 1.4% Yearly % Change 12.6% Yearly % Change

More information

U.S. Bank Freight Payment Index

U.S. Bank Freight Payment Index U.S. Bank Freight Payment Index National Freight Market Overview Shipments Spend Index Value 131.6 Index Value 186.8 Quarterly % Change 5.2% Quarterly % Change 1.2% Yearly % Change 1.1% Yearly % Change

More information

Transportation Opportunities & Obstacles

Transportation Opportunities & Obstacles Transportation Opportunities & Obstacles Presented By: Charles Shorty Whittington President of Grammer Industries, Inc. The Greatest Spectacle in Logistics! Comparative Growth in Modal Operating Equipment

More information

The Road Ahead. How North American Brokers and Shippers. See the Next 12 Months. Nov. 7, William Cassidy

The Road Ahead. How North American Brokers and Shippers. See the Next 12 Months. Nov. 7, William Cassidy Nov. 7, 2017 The Road Ahead How North American Brokers and Shippers William Cassidy See the Next 12 Months Senior Editor, Trucking and Domestic Transportation, JOC, IHS Markit Roxanne Bullard Director,

More information

INTERMODAL ENVIRONMENT 2015

INTERMODAL ENVIRONMENT 2015 INTERMODAL ENVIRONMENT 2015 CCIB CONFERENCE July 28, 2015 1 Ships At Anchor Waiting To Get Into LALB Congestion To Enter Maersk Terminal Containers Waiting To Get Into Maersk Terminal For Export 4 Lunar

More information

Transportation Perspective 2005 June In general, there is more freight than trucks and more trucks than truck drivers.

Transportation Perspective 2005 June In general, there is more freight than trucks and more trucks than truck drivers. Transportation Perspective 2005 June 2005 In general, there is more freight than trucks and more trucks than truck drivers. That is largely because over the last two years, capacity has tightened considerably

More information

Transportation M&A Update

Transportation M&A Update Transportation M&A Update About this Report The outlook, key statistics a most relevant transactions for Transportation Owners of Transportation companies face a unique set of challenges in fiing success

More information

Marten Transport Announces Second Quarter Results

Marten Transport Announces Second Quarter Results Marten Transport Announces Second Quarter Results MONDOVI, Wis., July 22, 2008 (PRIME NEWSWIRE) Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today its financial and operating results for the quarter

More information

DAT Keypoint SPECIAL REPORT. Growing Your Small Business Steve Blair, General Manager, Keypoint Transportation Software

DAT Keypoint SPECIAL REPORT. Growing Your Small Business Steve Blair, General Manager, Keypoint Transportation Software DAT Keypoint SPECIAL REPORT Growing Your Small Business Steve Blair, General Manager, Keypoint Transportation Software SPECIAL REPORT 2 Introduction: Growing Your Small Business While there are some risks

More information

Good Morning and thank you for joining our call today. I m joined in Indianapolis

Good Morning and thank you for joining our call today. I m joined in Indianapolis Paul Will: Good Morning and thank you for joining our call today. I m joined in Indianapolis by Jon Russell, President and Chief Operating Officer and Bobby Peavler, Chief Financial Officer. This conference

More information

Current Economic Landscape & Transportation Industry Outlook Presentation to NASSTRAC Shippers Conference & Transportation Expo

Current Economic Landscape & Transportation Industry Outlook Presentation to NASSTRAC Shippers Conference & Transportation Expo Stifel does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity

More information

SHIPPERS, CARRIERS, 3PLS AND THE LOOMING TRUCKLOAD CAPACITY STORM

SHIPPERS, CARRIERS, 3PLS AND THE LOOMING TRUCKLOAD CAPACITY STORM SHIPPERS, CARRIERS, 3PLS AND THE LOOMING TRUCKLOAD CAPACITY STORM White Paper Spring 15 866.672.2862 m33integrated.com 511 Rhett Street, Suite 3 Greenville, South Carolina 29601 Freight is always on the

More information

SOLUTIONS WORKSHOP Challenges in Transportation Thursday, February 22, :30AM 10:00AM

SOLUTIONS WORKSHOP Challenges in Transportation Thursday, February 22, :30AM 10:00AM Chicagoland Food and Beverage Network and Loyola University Chicago Quinlan School of Business present SOLUTIONS WORKSHOP Challenges in Transportation Thursday, February 22, 2018 7:30AM 10:00AM Agenda

More information

CARGO E-CHARTBOOK Q OVERVIEW

CARGO E-CHARTBOOK Q OVERVIEW CARGO E-CHARTBOOK Q OVERVIEW Airline cargo businesses are starting to see an improvement in forward looking demand indicators, but continued increases in capacity have placed downward pressure on yields

More information

Enhancing and Expanding Containerized Commodity Movements. Libby Ogard Prime Focus LLC June 13, 2013

Enhancing and Expanding Containerized Commodity Movements. Libby Ogard Prime Focus LLC June 13, 2013 Enhancing and Expanding Containerized Commodity Movements Libby Ogard Prime Focus LLC June 13, 2013 An Empty Box is a Terrible Thing to Waste! 20% of all ocean containers are repositioned empty Stakeholders

More information

YOUR GOODS. OUR BEST. YOUR GOODS. OUR BEST.

YOUR GOODS. OUR BEST. YOUR GOODS. OUR BEST. ROADRUNNER TRANSPORTATION SYSTEMS Full Year 2017 & First Quarter 2018 Management Call YOUR GOODS. OUR BEST. YOUR GOODS. OUR BEST. SAFE HARBOR STATEMENT This presentation contains forward-looking statements

More information

March 2018 This report was created for the sole use of Tom Sanderson Redistribution is strictly prohibited.

March 2018 This report was created for the sole use of Tom Sanderson Redistribution is strictly prohibited. Snapshot Summary Freight Environment Trucking Environment Trucking Rates Driver Situation Economic Environment Tables & Charts Notes by the Dashboard Light 0 Neutral Conditions T HE GOOD TIMES LOOK TO

More information

FMR. Railroad Perspective: Past defines the Future. Transportation Solutions, Inc. Joe Frye, Jr. V.P. Transportation & Logistics FMR

FMR. Railroad Perspective: Past defines the Future. Transportation Solutions, Inc. Joe Frye, Jr. V.P. Transportation & Logistics FMR , Inc. Joe Frye, Jr. V.P. Transportation & Logistics Railroad Perspective: Past defines the Future , Inc. Mission is a non-asset based consulting group located in Roanoke, VA offering transportation management,

More information

TANKER MARKET INSIGHT

TANKER MARKET INSIGHT TANKER MARKET INSIGHT October 18 Research Department, Teekay Tankers Sep-17 Oct-17 Nov-17 Jan-18 Feb-18 Apr-18 May-18 Jul-18 Aug-18 Sep-17 Oct-17 Nov-17 Jan-18 Feb-18 Apr-18 May-18 Jul-18 Aug-18 $ 000s

More information

Marten Transport Announces Third Quarter Results Net Income of 28 Cents per Diluted Share

Marten Transport Announces Third Quarter Results Net Income of 28 Cents per Diluted Share Marten Transport Announces Third Quarter Results Net Income of 28 Cents per Diluted Share MONDOVI, Wis., October 20, 2008 (GLOBE NEWSWIRE) Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today its financial

More information

Transportation Trends

Transportation Trends Transportation Trends Revenue: $544.4 billion in gross freight revenues (primary shipments only) from trucking, representing 81.9% of the nation s freight bill in 2009. Tonnage: 8.8 billion tons of freight

More information

Whitepaper. Smarter Supply Chain Solutions

Whitepaper. Smarter Supply Chain Solutions Whitepaper Smarter Supply Chain Solutions Simplified Analyses and Rapid Model Development Solutions On-Demand More Accurate Results Case Studies in Supply Chain Planning Software as a Service fills a gap

More information

Leveraging Intermodal Transportation. Georgia Environmental Conference August 21, 2014

Leveraging Intermodal Transportation. Georgia Environmental Conference August 21, 2014 1 Leveraging Intermodal Transportation Georgia Environmental Conference August 21, 2014 CSX is providing substantial value for shippers Company Overview Intermodal at CSX America s first railroad Far-reaching,

More information

Bottleneck between Ports and Railroads on the U.S. West Coast

Bottleneck between Ports and Railroads on the U.S. West Coast Bottleneck between Ports and Railroads on the U.S. West Coast Mr. Keny Chou Yang Ming Marine Transport Corp. 2015.09.12 1 Outline Intermodal Transport & U.S. West Coast Gate ports USWC IPI Bottleneck Solutions

More information

Navigating a fluctuating flatbed market.

Navigating a fluctuating flatbed market. Navigating a fluctuating flatbed market. In April 2018, flatbed load-to-truck peaked at an all-time high with more than 100 loads per truck on the road. By August, capacity fell to less than 30 loads per

More information

Surviving the Logistics Landscape

Surviving the Logistics Landscape Surviving the Logistics Landscape 2018 APICS VANCOUVER SUMMIT CONFERENCE November 1, 2018 Philip Davies Outline 1. How did we get here? Evolution of: Shipping Lines Railways Trucking 2. Recent Supply Chain

More information

MARCH 14 TH 2017, 2:00 PM ET WITH

MARCH 14 TH 2017, 2:00 PM ET WITH 1 Intermodal 101: Getting Started in Intermodal MARCH 14 TH 2017, 2:00 PM ET WITH JESS BRASHARES, SENIOR VICE PRESIDENT SALES & NATIONAL ACCOUNTS, SUNTECK TTS DERRICK BROOME, VICE PRESIDENT INTERMODAL,

More information

The New Normal Long-Term Changes in the Transportation Industry

The New Normal Long-Term Changes in the Transportation Industry The New Normal Long-Term Changes in the Transportation Industry October, 2005 Indiana Logistics Summit 2004: the Perfect Storm Demand kick China Driver shortage Hours of Service Port/rail congestion Costs

More information

Union Pacific Corporation (UNP) Analyst: Brandon Montler Fall Recommendation: HOLD Target Price until (12/31/2016): $94

Union Pacific Corporation (UNP) Analyst: Brandon Montler Fall Recommendation: HOLD Target Price until (12/31/2016): $94 Recommendation: HOLD Target Price until (12/31/2016): $94 1. Reasons for the Recommendation The Rail Transportation Industry (freight) enjoyed favorable economic conditions from 2010-2014. During this

More information

Robert E. Martínez Norfolk Southern Corporation

Robert E. Martínez Norfolk Southern Corporation Robert E. Martínez Norfolk Southern Corporation 3 Mississippi State University Fb February 22, 2012 2 Norfolk Southern s Rail Network 3 4 5 NS Revenue by Business Group 2011 Revenue $ in Millions, and

More information

Factors Affecting Transportation Decisions. Transportation in a Supply Chain. Transportation Modes. Road freight transport Europe

Factors Affecting Transportation Decisions. Transportation in a Supply Chain. Transportation Modes. Road freight transport Europe Transportation in a Supply Chain Factors Affecting Transportation Decisions Carrier (party that moves or transports the product) Vehicle-related cost Fixed operating cost Trip-related cost Shipper (party

More information

2017 Excellence Award Leadership Highlights

2017 Excellence Award Leadership Highlights The 2017 SmartWay Excellence Awards program for shippers, logistics companies and freight carriers is a recognition program of the U.S. Environmental Protection Agency s (EPA) SmartWay Transport Partnership.

More information

TRANSPORTATION OUTLOOK

TRANSPORTATION OUTLOOK TRANSPORTATION OUTLOOK 2018 Table of Contents Intro 1 Global Trade 2 Seaport 3 Air 4 Trucking 5 Rail and Intermodal 7 National 8 Kansas City Region 9 Conclusion 10 Intro Throughout 2017 the transportation

More information

FMR. Railroad Perspective: Past Defines the Future. Transportation Solutions, Inc. Joe Frye, Jr. V.P. Transportation & Logistics FMR

FMR. Railroad Perspective: Past Defines the Future. Transportation Solutions, Inc. Joe Frye, Jr. V.P. Transportation & Logistics FMR , Inc. Joe Frye, Jr. V.P. Transportation & Logistics Railroad Perspective: Past Defines the Future , Inc. Mission is a non-asset based consulting group located in Roanoke, VA offering transportation management,

More information

Marten Transport Improves Driver Productivity and Substantially Reduces Billing Cycles with the In-Cab Scanning Application

Marten Transport Improves Driver Productivity and Substantially Reduces Billing Cycles with the In-Cab Scanning Application Case Study In-Cab Scanning Marten Transport Improves Driver Productivity and Substantially Reduces Billing Cycles with the In-Cab Scanning Application Scanning over 160,000 documents per month, Marten

More information

TAPPI Shipping, Receiving & Warehousing Workshop

TAPPI Shipping, Receiving & Warehousing Workshop TAPPI Shipping, Receiving & Warehousing Workshop Chip Davis CSX TRANSPORTATION APRIL 28, 2009 CSX TRANSPORTATION OVERVIEW The largest railroad in eastern North America Service area includes all major markets

More information

Shalini Shekhawat, Drewry Maritime Services Pvt Ltd. Future Trends in Iron Ore Trade and its Impact on the Dry Bulk Shipping Market

Shalini Shekhawat, Drewry Maritime Services Pvt Ltd. Future Trends in Iron Ore Trade and its Impact on the Dry Bulk Shipping Market Shalini Shekhawat, Drewry Maritime Services Pvt Ltd Future Trends in Iron Ore Trade and its Impact on the Dry Bulk Shipping Market Structure of the présentation About Drewry Current trends in iron ore

More information

US New Trailer Components & Raw Materials Forecast

US New Trailer Components & Raw Materials Forecast Americas Commercial Transportation Research Co., LLC www.actresearch.net US New Trailer Components & Raw Materials Forecast Q3 17 Published August 2017 Forecast through 2022 Contributor to Blue Chip Economic

More information

January Transportation, Logistics & Fuel Report

January Transportation, Logistics & Fuel Report January Transportation, Logistics & Fuel Report Round and round and round we spin, With feet of lead and wings of tin - Kurt Vonnegut January 31, 2008 December s increase in unemployment and decreases

More information

SEDC Logistics and Supply Chain Management May 12, 2011

SEDC Logistics and Supply Chain Management May 12, 2011 SEDC Logistics and Supply Chain Management May 12, 2011 Presented by Betty McIntosh, Managing Director, Business Incentives Practice Global Business Consulting Transforming Business Worldwide 1 ATA Truck

More information

Quadra Commodities. Anthony Diamante Director and Chartering Manager

Quadra Commodities. Anthony Diamante Director and Chartering Manager Quadra Commodities Anthony Diamante Director and Chartering Manager Trends in the Dry Bulk Ocean freight market and freight market outlook IAOM Capetown December 2014 1 2014 in review weaker than expected

More information

Global Freight & Shipping: Where are prices heading?

Global Freight & Shipping: Where are prices heading? IFCHOR Group Research Unlawful distribution of this report is prohibited Global Freight & Shipping: Where are prices heading? Capesize Dry Bulk Segment 19 th Middle East Iron Ore & Steel Conference Atlantis,

More information

Multimodal Transport Institute Forum. Tom Malloy Thoroughbred Direct Intermodal Services. October 11, 2012 Los Angeles, California

Multimodal Transport Institute Forum. Tom Malloy Thoroughbred Direct Intermodal Services. October 11, 2012 Los Angeles, California Multimodal Transport Institute Forum Tom Malloy Thoroughbred Direct Intermodal Services October 11, 2012 Los Angeles, California Topics North American Railroad Industry -Facts & Figures North American

More information

Market Update. Noël Perry. May 30, Transport Futures Truckstop.com. Copyright Transport Futures Short Term

Market Update. Noël Perry. May 30, Transport Futures Truckstop.com. Copyright Transport Futures Short Term Transport Futures Transportation Analysis For The 21 st Century Market Update Noël Perry May 30, 2018 Transport Futures Truckstop.com Copyright Transport Futures 2018 1 Short Term Copyright Transport Futures

More information

Disclosure Statement

Disclosure Statement Global Transportation Conference May 17, 2016 Disclosure Statement This presentation includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These

More information

Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development

Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development For Official Use DSTI/SU/SC(26)32 DSTI/SU/SC(26)32 For Official Use Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 15-May-26 English

More information

Marten Transport Improves Driver Productivity and Substantially Reduces Billing Cycles with the In-Cab Scanning Application.

Marten Transport Improves Driver Productivity and Substantially Reduces Billing Cycles with the In-Cab Scanning Application. Case Study Case Study In-Cab Scanning Marten Transport Improves Driver Productivity and Substantially Reduces Billing Cycles with the In-Cab Scanning Application. Scanning over 160,000 documents per month,

More information

TANKER MARKET INSIGHT

TANKER MARKET INSIGHT TANKER MARKET INSIGHT April 18 Research Department, Strategic Development Mar-17 Apr-17 May-17 Jul-17 Aug-17 Oct-17 Nov-17 Jan-18 Feb-18 Mar-17 Apr-17 May-17 Jul-17 Aug-17 Oct-17 Nov-17 Jan-18 Feb-18 $

More information

Arkansas Transportation Report

Arkansas Transportation Report Arkansas Transportation Report February 2017 Arkansas River traffic up nearly 16% in 2016 Despite continued declines reported in iron and steel shipments, food and farm products and petroleum products,

More information

Aluminum Trading and Supply Critical Factors Affecting the Market. Presented by: Bruce O Neill, President and Founder

Aluminum Trading and Supply Critical Factors Affecting the Market. Presented by: Bruce O Neill, President and Founder Aluminum Trading and Supply Critical Factors Affecting the Market Presented by: Bruce O Neill, President and Founder Agenda 1 Who is Jupiter Transport? 2 Evolution of the Transportation Industry: Economy,

More information

The Fertilizer Institute. Current Transportation Dynamics November 6, 2006 By Tom Williamson, Transportation Consultants Co.

The Fertilizer Institute. Current Transportation Dynamics November 6, 2006 By Tom Williamson, Transportation Consultants Co. The Fertilizer Institute Current Transportation Dynamics November 6, 2006 By Tom Williamson, Transportation Consultants Co. Questions What will be the cost of fuel, insurance, taxes, and new transportation

More information

F MI SUMMIT. Understanding the Trucking Labor Market. Dr. Kristen Monaco

F MI SUMMIT. Understanding the Trucking Labor Market. Dr. Kristen Monaco F MI SUMMIT 20 12 Understanding the Trucking Labor Market Dr. Kristen Monaco Agenda The Trucking Industry Deregulation s impact on industry structure Evolution of the labor market Labor Market Conditions

More information

Freight Transportation Megatrends

Freight Transportation Megatrends Freight Transportation Megatrends Copyright 2006 Global Insight, Inc. Freight Demand Modeling: Tools for Public-Sector Decision Making Conference Paul Bingham Global Insight, Inc. Washington, DC September

More information

An Overview of the Western Grain Handling and Transportation System

An Overview of the Western Grain Handling and Transportation System An Overview of the Western Grain Handling and Transportation System Association of Canadian Port Authorities Annual Meeting Thunder Bay, September 8, 2016 Total Supply (Western Canada Production and Carry

More information

CONTAINERS AND BEYOND Derrick Smith AAPA Spring Conference - March 18, 2013

CONTAINERS AND BEYOND Derrick Smith AAPA Spring Conference - March 18, 2013 CONTAINERS AND BEYOND Derrick Smith AAPA Spring Conference - March 18, 2013 1 What are some of the major trends that are occurring? Increased cargo Significant investments Greater rail usage 2 Many economic

More information

LOGISTICS February 8-11, 2009 Gaylord Texan Dallas, Texas. Title Sponsor :

LOGISTICS February 8-11, 2009 Gaylord Texan Dallas, Texas. Title Sponsor : LOGISTICS 2009 February 8-11, 2009 Gaylord Texan Dallas, Texas Title Sponsor : Transportation Discussion Truck Capacity Truck capacity is declining. Is this permanent or temporary? Smaller regional carriers

More information

Fold, Hold, Double Up - which hand to play next?

Fold, Hold, Double Up - which hand to play next? Fold, Hold, Double Up - which hand to play next? Dr Adam Kent - Maritime Strategies International (MSI) 10th Annual Capital Link Shipping, Marine Services & Offshore Forum Fold, Hold, Double Up - which

More information

Spot-market Rate Indexes: Truckload Transportation. Dr. Christopher Caplice

Spot-market Rate Indexes: Truckload Transportation. Dr. Christopher Caplice Spot-market Rate Indexes: Truckload Transportation Author: Advisor: Sponsor: Andrew Bignell Dr. Christopher Caplice Coyote Logistics An index is a statistical measure of changes over time in a representative

More information

Managing Transportation in a Supply Chain Chapter 13. utdallas.edu/~metin

Managing Transportation in a Supply Chain Chapter 13. utdallas.edu/~metin Managing Transportation in a Supply Chain Chapter 13 1 Parties Involved in Transportation Carriers, owners of the vehicles; E.g. Passengers by Southwest airlines; Cargo by Cargolux airlines, only freight;

More information

C.H. Robinson. Surface Transportation

C.H. Robinson. Surface Transportation C.H. Robinson Surface Transportation Research and analysis focused on the declining boxcar fleet and the effects it will have on other modes of surface transportation in the United States. July 31, 2015

More information

CLOSING THE DEAL. Consolidation Trends in Transportation & Logistics. Greg Lafin Managing Director BKD Corporate Finance

CLOSING THE DEAL. Consolidation Trends in Transportation & Logistics. Greg Lafin Managing Director BKD Corporate Finance CLOSING THE DEAL Consolidation Trends in Transportation & Logistics September 28, 2017 Chris Dalton Partner, National Practice Leader Transaction Services cdalton@bkd.com Greg Lafin Managing Director BKD

More information

Freight Transportation & Logistics

Freight Transportation & Logistics Freight Transportation & Logistics ecommerce Trends Prepared for: TD Securities Inc. March 2, 2017 Agenda Market Size and Characteristics Key ecommerce Trends Potential Implications for Transportation

More information

Intermodal Transportation of Spent Nuclear Fuel from Office of Civilian Radioactive Waste Management Sites 9328

Intermodal Transportation of Spent Nuclear Fuel from Office of Civilian Radioactive Waste Management Sites 9328 Intermodal Transportation of Spent Nuclear Fuel from Office of Civilian Radioactive Waste Management Sites 9328 ABSTRACT Stephen Schmid Bechtel-SAIC Company, LLC Washington, DC Alexander Thrower U.S. DOE,

More information

2011 Current Issues & Trends Affecting Intermodal

2011 Current Issues & Trends Affecting Intermodal 211 Current Issues & Trends Affecting Intermodal CCIB Intermodal Seminar October 5, 211 Ron Sucik RSE Consulting Current Situation and Key Facts to Keep in Mind Intmdl Lds Up +5.8% over 21. Down 3.7% to

More information

FASTFRATE. Service Offerings Overview. Canadian Association of Movers Conference

FASTFRATE. Service Offerings Overview. Canadian Association of Movers Conference FASTFRATE Service Offerings Overview Canadian Association of Movers Conference - 2016 FASTFRATE OVERVIEW & INITIATIVES We are committed to o Innovation o Tailored Solutions o Customer Centricity o Reinvestment

More information

Darrell Wilson AVP Government Relations The Future of Freight Panel August 26 th, 2014

Darrell Wilson AVP Government Relations The Future of Freight Panel August 26 th, 2014 Darrell Wilson AVP Government Relations The Future of Freight Panel August 26 th, 2014 Railroads - Safe & Getting Safer RR Safety Trends: 2000-2013* Train accident rate Employee injury rate Grade crossing

More information

MANGANESE THE NEED FOR A SUSTAINABLE FUTURE

MANGANESE THE NEED FOR A SUSTAINABLE FUTURE MANGANESE THE NEED FOR A SUSTAINABLE FUTURE GRAHAM KERR CHIEF EXECUTIVE OFFICER FEBRUARY 2016 IMPORTANT NOTICES The purpose of this presentation is to provide general information about South32 Limited.

More information

TRANSPORTATION & LOGISTICS

TRANSPORTATION & LOGISTICS INDUSTRY UPDATE OCTOBER 2017 www.harriswilliams.com Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd,

More information

Arkansas Transportation Report

Arkansas Transportation Report Arkansas Transportation Report January 2018 Arkansas River traffic up 3% in 2017 Despite a slow start in the spring, barge activity on the Arkansas River in 2017 reached its second-highest total in the

More information

[Please refer to Appendix. Transportation/Logistics July Domestic Truck, Intermodal, and Rail Trends INDUSTRY UPDATE

[Please refer to Appendix. Transportation/Logistics July Domestic Truck, Intermodal, and Rail Trends INDUSTRY UPDATE July 30, 2013 Baird Equity Research Industrial Transportation/Logistics July Domestic Truck, Intermodal, and Rail Trends Domestic freight demand following typical pattern of softening in July following

More information

2016 Strategic Issues for US Pacific Northwest Timberlands

2016 Strategic Issues for US Pacific Northwest Timberlands Date 2016 Strategic Issues for US Pacific Northwest Timberlands Nick Blacklock Director, Global Resource Planning www.hancocktimber.com Hancock Natural Resource Group Company Overview Manulife Financial

More information

Railroads - The Economy and Trade National Coal Transportation Association Denver, Colorado September 19, 2017

Railroads - The Economy and Trade National Coal Transportation Association Denver, Colorado September 19, 2017 Railroads - The Economy and Trade 2017 National Coal Transportation Association Denver, Colorado September 19, 2017 Railroads and the Economy 2017 SLIDE 2 Coal: 365,806 (14.1%) Railroads Help Keep Coal-

More information

12/30/2016 RPM Transportation KCI Technologies, Inc. Logistics Providers /22/2016 Blue Sky Logistics LLC KJM Capital LLC Transportation

12/30/2016 RPM Transportation KCI Technologies, Inc. Logistics Providers /22/2016 Blue Sky Logistics LLC KJM Capital LLC Transportation 20 15 10 5-2 7 11 4 18 2 Financial 18% Strategic 82% Date Target Buyer(s) Segment Amount ($ in Mil) TEV/ Rev TEV/ EBITDA 12/30/2016 RPM Transportation KCI Technologies, Inc. Logistics Providers - - - 12/22/2016

More information

By Bill Luttrell Werner Enterprises, Inc. Toronto, Canada October 31, 2016

By Bill Luttrell Werner Enterprises, Inc. Toronto, Canada October 31, 2016 North American Supply Chain What s in it for Canada? By Bill Luttrell Werner Enterprises, Inc. Toronto, Canada October 31, 2016 Werner Enterprises, Inc. and Werner Logistics 2 FOREIGN DIRECT INVESTMENT

More information

2018 Freight Rate Survey

2018 Freight Rate Survey 2017 Freight Rate Survey 0 2018 Freight Rate Survey Owner-Operator Independent Drivers Association Foundation 01/29/19 2018 Freight Rate Survey 1 Looking Back at 2018 In many ways, the trucking industry

More information

Managing the. at COGMA

Managing the. at COGMA Managing the Global l at COGMA Vanderbilt University Shuanghui Wu Bradford Cayer Erika Bacon Roe Rogers Agenda 1 COGMA s Flows 2 3 Managing 4 and Robustness of Goal: A robust strategy t Capitalize on available

More information