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US truck tonnage, truckload rates take a tumble

Oct 19, 2016 at 11:11 AM CST
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There may be clouds on the far horizon for US shippers concerned about surface transportation rate hikes in 2017 and 2018, but for now the pricing barometer is holding steady.

Both US truck tonnage and truck pricing appear to have dropped in September, with truckload rates tumbling for the seventh straight month amid softer-than-normal freight demand. Intermodal rail pricing also slipped, but not as far as it has over the previous 20 months.