US truckload rates to rise 4% to 9%
Tight truck capacity and low fuel prices will shift the balance of power between over-the-road trucking and intermodal rail this year, with some intermodal freight moving to truck despite rising truckload rates, according to Cass Information Systems and Avondale Partners.
The freight payment company and investment research firm expect truckload rates to climb 4% to 9% in 2015, while intermodal rates will drop, Cass and Avondale said last week.
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