Page 4 - Newcom

Inside the Numbers with Lou Smyrlis Power Play
Canadian shippers resigned to continuing rate increases in 2019
With buoyant freight volumes expected to continue into next year and equipment capacity remaining tight, Canadian shippers are bracing for continued upward pressure on transportation, particularly in truck transportation. Truckload and LTL are expected to hold the greatest pricing power, according to our annual Transportation Buying Trends Survey.
Follow Lou on Twitter @LouSmyrlis.
Shipment level projections for 2019 compared to this year
Canadian shippers expecting to increase use of modes
Canadian shipper views on competitive activity between modes
Well above normal levels
8%
of respondents
Above normal levels
21%
Around normal levels
42%
Below normal levels
9%
Well below normal levels
3%
NA
17%
Rail
26%
of respondents
TL
36%
LTL
34%
Private fleet
16%
Courier
22%
Marine
35%
Air cargo
13%
Intermodal
31%
Down more than 20%
0%
of respondents
Down 10-20%
2%
Down 5-10%
2%
About the same
35%
Up 5-10%
48%
Up 10-20%
10%
Up more than 20%
2%
Modes expected to have greatest pricing power
Canadian shipper projections for core transportation pricing in 2019 (excluding fuel surcharge)
Rail
10%
of respondents
TL
35%
LTL
23%
Air Freight
5%
Marine
8%
Intermodal
11%
Flat
Up 2%
Up 2-5%
Up 5%+
TL
10%
of respondents
14%
40%
20%
LTL
14%
19%
38%
19%
Intermodal
17%
13%
28%
16%
Rail
20%
12%
27%
6%
# DeloDrives
PERFORMANCE
Introducing the Next Generation of Heavy Duty Diesel Engine Oil
Delo®400withISOSYN® AdvancedTechnology
Up to 35% Better Oxidation Control*
Up to 46% Better Piston Deposit Control*
ChevronDelo.com
Up to 68% Better Wear Protection*
Up to 60% Better Component Durability*
*As compared to previous generation HDMO product test limits.
4 Truck News • January 2019
© 2017 Chevron Canada limited. All rights reserved. All trademarks are property owned by Chevron Intellectual Property LLC or their respective owners.