How the Class 8 Cycle Drives Frieght Rates

In this course, trucking industry economic forecasts will be shared, particularly how supply and demand conditions will determine the direction of rates.

Availability

On-Demand

Cost

TCA Member: $0.00

NATMI Member: $39.99

Non-Member: $79.99

Credit Offered

1 TCA Employee Retention Credit

0.25 NATMI Certification Renewal Points Credit

In this course, trucking industry economic forecasts will be shared, particularly how supply and demand conditions will determine the direction of rates. Truckload capacity will be a key focus, and this session will provide estimates of how long it will take for capacity to re-balance based on the truck production outlook. In this session, you will also learn the forecast for freight demand, based on industry expertise and award-winning economic forecasts, including implications for the cycle from the trade situation, and contrasts between TL, LTL and intermodal. This will help determine future rate, and we'll discuss implications for business planning in the context of this cyclical industry.

Webinar recorded in 2020

After completing this course, you will be able to:

Discuss economic forecasts in the freight and trucking industry
Explain which supply and demand conditions will determine the direction of rates
Estimate how production outlook affects the time it takes for capacity to rebalance