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Trucking executives and analysts at CSCMP Edge 2017 said sustained freight demand will push already tight truck supply over the edge and raise rates. Contract rates are expected to climb to their highest since 2003-04 in the 2017-18 period.
Rising contract truckload rates into 2018 will add to feed delivery costs for buyers, though the direct impact on feed commodity prices is small.
dcvelocity.comDC Velocity StaffSep 26, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
