Stifel: rates won’t get any better until mid-2017

Stifel: rates won’t get any better until mid-2017

Fuel surcharge revenue is also off and contributed to a 3% to 5% reduction in revenue growth for TL carriers, firm says.

Trucking companies hoping for a bump-up in rates this holiday season may be disappointed by the latest analysis Stifel Capital Markets, as the firm doesn’t expect rates to improve for carriers until the second quarter of next year – if at all.

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Source:: http://fleetowner.com/fleet-management/stifel-rates-won-t-get-any-better-until-mid-2017