Insights - November/December 2017 - 25

FREIGHT - from page 23

"Consumers are spending again."

should be in the 3-4 percent range.
Intermodal's strength should extend
into next year. Though comparisons
are tougher, [2018] gains could meet
- or beat 2017."
Improving freight statistics
reflect stronger fundamentals, such
as shipments of machinery, food
and beverages and other products
Meil
as well as better conditions in the
housing and energy industries, said economist James
Meil, principal, industry analysis for ACT Research.
"We are in a good way, and probably
in a better way for 2018," Meil said. "There
are a number of good signs out there. 2017
turned out to be better than expected."

- James Meil, principal, industry analysis, ACT Research
3.2 percent year-over-year increase in September's shipments
index is yet another data point that confirms the gradual
upswing, according to the Cass report that was written by Donald
Broughton, founder of Broughton Capital. The spending index
has improved by an average of nearly 6 percent over the past six
months.
"Viewing the Cass Freight Index on a nominal basis shows
how positive the trajectory has been in the last eight months. It
is still below levels achieved in the 2012-2015 period, but if the
current rate of improvement continues, it appears poised to reach

'Forecasts are Optimistic'
"Consumers are spending again," Meil
added, noting that holiday buying forecasts
are optimistic, buoyed by consumer
confidence levels that are the highest
since 2004, according to surveys by the
University of Michigan and the Conference
Board.
Stability, and the improving economies
elsewhere, are a part of the favorable
picture in North America.
"Canada and the U.S. aren't alone in
doing better," Meil said. "The European
economy is doing very, very well. China's
economy is OK; it's returned to normalcy."
As a result, Meil said, the stage is set
for further U.S. export growth at the same
time that oil prices have become more
stable. That fact gives businesses more
confidence in market stability and sets
the stage for more capital investments,
compared to the wild swings of oil prices
that topped $100 a barrel in 2014 and then
cratered at $28 a barrel less than two years
later.
American Trucking Associations'
tonnage index averaged 7.7 percent growth
for the most recently reported three-month
period between August and October.
"Freight has been improving," said
ATA Chief Economist Bob Costello, while
citing still another reason why shipments
should increase. "Going forward, rebuilding
from those hurricanes and other natural
disasters like the wildfires in California will
add to freight demand."
The Cass Freight Index of shipments
and expenditures, based on freight
payments by customers using all modes of
transportation, also showed strength. The

KEEPING YOUR FREIGHT
ON THE RIGHT TRACK
Let an experienced Landstar agent tailor transportation
logistics solutions to meet your needs, and then manage
each shipment from dispatch to delivery.
* Contracts with North America
railroads and asset-based
intermodal equipment
* Contracts with small box providers

* A vast network of drayage capacity
* Wide array of equipment available
including: container on a flatcar
(COFC), trailer on a flatcar (TOFC),
specialty and rail cars.

* Door-to-door service into Canada
and Mexico

Landstar has the available equipment to get your cargo
where you need it, on time and on budget.

877-696-4507 | solutions@landstar.com
Visit Landstar.com to learn about our customized solutions.

TRUCKLOAD * LTL * HEAVY HAUL/SPECIALIZED * EXPEDITED * AIR * OCEAN
* RAIL INTERMODAL * TRANSPORTATION MANAGEMENT SOLUTIONS

November/December 2017 | Intermodal Insights

25


http://www.Landstar.com

Table of Contents for the Digital Edition of Insights - November/December 2017

IANA News
Storms Create Recovery Challenges, Foster Valuable Lessons Learned
Intermodal Benefits from Technology Grow in 2017, Should Increase in Future
Inland Port Projects Advance in East
Optimism Builds for Intermodal Freight
Food Safety Modernization Act Could Help Increase Temp Control Freight
Intermodal Rail Enhancements Continue in 2017, Focused on Service
Government News
International Intermodal News
Intermodal Information Services News
Welcome New Members
People News
Intermodal Calendar
Insights - November/December 2017 - Cover1
Insights - November/December 2017 - 2
Insights - November/December 2017 - 3
Insights - November/December 2017 - IANA News
Insights - November/December 2017 - Storms Create Recovery Challenges, Foster Valuable Lessons Learned
Insights - November/December 2017 - 6
Insights - November/December 2017 - 7
Insights - November/December 2017 - 8
Insights - November/December 2017 - 9
Insights - November/December 2017 - 10
Insights - November/December 2017 - 11
Insights - November/December 2017 - 12
Insights - November/December 2017 - Intermodal Benefits from Technology Grow in 2017, Should Increase in Future
Insights - November/December 2017 - 14
Insights - November/December 2017 - 15
Insights - November/December 2017 - 16
Insights - November/December 2017 - 17
Insights - November/December 2017 - 18
Insights - November/December 2017 - Inland Port Projects Advance in East
Insights - November/December 2017 - 20
Insights - November/December 2017 - 21
Insights - November/December 2017 - 22
Insights - November/December 2017 - Optimism Builds for Intermodal Freight
Insights - November/December 2017 - 24
Insights - November/December 2017 - 25
Insights - November/December 2017 - 26
Insights - November/December 2017 - Food Safety Modernization Act Could Help Increase Temp Control Freight
Insights - November/December 2017 - 28
Insights - November/December 2017 - 29
Insights - November/December 2017 - Intermodal Rail Enhancements Continue in 2017, Focused on Service
Insights - November/December 2017 - 31
Insights - November/December 2017 - Government News
Insights - November/December 2017 - 33
Insights - November/December 2017 - International Intermodal News
Insights - November/December 2017 - Intermodal Information Services News
Insights - November/December 2017 - 36
Insights - November/December 2017 - Welcome New Members
Insights - November/December 2017 - People News
Insights - November/December 2017 - Intermodal Calendar
Insights - November/December 2017 - 40
http://www.nxtbook.com/nxtbooks/iana/ii_20181112
http://www.nxtbook.com/nxtbooks/iana/ii_20180910
http://www.nxtbook.com/nxtbooks/iana/ii_2018expo
http://www.nxtbook.com/nxtbooks/iana/ii_20180708
http://www.nxtbook.com/nxtbooks/iana/ii_20180506
http://www.nxtbook.com/nxtbooks/iana/ii_20180304
http://www.nxtbook.com/nxtbooks/iana/ii_20180102
http://www.nxtbook.com/nxtbooks/iana/ii_20171112
http://www.nxtbook.com/nxtbooks/iana/ii_20170910
http://www.nxtbook.com/nxtbooks/iana/ii_201709
http://www.nxtbook.com/nxtbooks/iana/ii_20170708
http://www.nxtbook.com/nxtbooks/iana/ii_20170506
http://www.nxtbook.com/nxtbooks/iana/ii_20170304
http://www.nxtbook.com/nxtbooks/iana/ii_20170102
http://www.nxtbook.com/nxtbooks/iana/ii_201612
http://www.nxtbook.com/nxtbooks/iana/ii_201611
http://www.nxtbook.com/nxtbooks/iana/ii_201610
http://www.nxtbook.com/nxtbooks/iana/ii_201609
http://www.nxtbook.com/nxtbooks/iana/ii_201608
http://www.nxtbook.com/nxtbooks/iana/ii_201607
http://www.nxtbook.com/nxtbooks/iana/ii_201606
http://www.nxtbook.com/nxtbooks/iana/ii_201605
http://www.nxtbook.com/nxtbooks/iana/ii_201604
http://www.nxtbook.com/nxtbooks/iana/ii_201603
http://www.nxtbook.com/nxtbooks/iana/ii_201602
http://www.nxtbook.com/nxtbooks/iana/ii_201601
http://www.nxtbook.com/nxtbooks/iana/ii_201512
http://www.nxtbook.com/nxtbooks/iana/ii_201511
http://www.nxtbook.com/nxtbooks/iana/ii_201510
http://www.nxtbook.com/nxtbooks/iana/ii_201509
http://www.nxtbook.com/nxtbooks/iana/ii_201508
http://www.nxtbook.com/nxtbooks/iana/ii_201507
http://www.nxtbook.com/nxtbooks/iana/ii_201506
http://www.nxtbook.com/nxtbooks/iana/ii_201505
http://www.nxtbook.com/nxtbooks/iana/ii_201504
http://www.nxtbook.com/nxtbooks/iana/ii_201503
http://www.nxtbook.com/nxtbooks/iana/ii_201502
http://www.nxtbook.com/nxtbooks/iana/ii_201501
http://www.nxtbook.com/nxtbooks/iana/ii_201412
http://www.nxtbook.com/nxtbooks/iana/ii_201411
http://www.nxtbook.com/nxtbooks/iana/ii_201410
http://www.nxtbook.com/nxtbooks/iana/ii_201409
http://www.nxtbook.com/nxtbooks/iana/ii_201408
http://www.nxtbook.com/nxtbooks/iana/ii_201407
http://www.nxtbook.com/nxtbooks/iana/ii_201406
http://www.nxtbook.com/nxtbooks/iana/ii_201405
http://www.nxtbook.com/nxtbooks/iana/ii_201404
http://www.nxtbook.com/nxtbooks/iana/ii_201403
http://www.nxtbook.com/nxtbooks/iana/ii_201402
http://www.nxtbook.com/nxtbooks/iana/ii_201401
http://www.nxtbook.com/nxtbooks/iana/ii_201312
http://www.nxtbook.com/nxtbooks/iana/ii_201311
http://www.nxtbookMEDIA.com