Thursday, October 22, 2009

Stifel: LTL rates to remain low through first quarter

Fuel surcharges are less of a concern in negotiations with carriers this year

A note this week from Stifel, Nicolaus & Co. says rates for less-than-truckload services will remain low into the first quarter of next year, "unless YRC shuts down or other carriers exit" the market. That's good news for freight buyers but also means carriers "on the bubble" could struggle with another quarter of lower revenues, putting them at risk. Full Story.....

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