price TRENDS

摘要

Average transaction prices in the trucking industry now are forecast to jump 5.2% this year followed by a 4.8% decline next year. That's in sharp contrast to our pre-coronavirus forecast published last month that called for an average annual price rise up 2% in 2020 and another 1.2% hike in 2021. During the Great Recession 12 years ago, trucking industry prices increased 6.6% in 2008 and then fell 4.6% in 2009. Back then, the truckload market experienced the sharpest price swings, and that's likely to happen again. The annual inflation rate for truckload services is forecast to hit 4.3% in 2020 followed by a 7% deflationary price swing back down in 2021.