After three consecutive monthly price drops, average transaction prices for trucking services took a U-turn with a 0.7% price hike in February. That was a 2.7% increase from a year ago. As usual, LTL led the way with prices up 0.7% from month-ago and up 5.9% from same-month-year-ago. Over the same time periods, TL price tags increased 0.3% and 1.6%. We expect all trucking prices will have picked up speed in March with a 1.4% price gain. This price acceleration, nonetheless, will be slow enough and predictable enough to not disturb most logistics managers' budgets. At this stage, we do not see any disturbance in our trucking industry price forecast, which remains: up 3.1 % in 2013; and up 2.2% in 2014.
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