To help you understand what's going on with the global supply chain and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest...
The near-term outlook for freight shipping costs: mixed. For trucking, expect a 5%-10% increase in medium-distance rates, due to the bankruptcy of venerable Yellow Trucking, the fifth-largest firm in the less-than-truckload sector. The loss of that capacity figures to halt and even reverse the recent slide in rates. Dry-van rates are off 22% vs a year ago. Flatbed rates: down 8% in the past two months.
