global - meat conference · 2019-03-06 · global account center today’s truck load market and...
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![Page 1: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/1.jpg)
© 2017 C
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GlobalAccount
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© 2017 C
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obinson Worldw
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ights Reserved.
![Page 2: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/2.jpg)
© 2017 C
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obinson Worldw
ide, Inc. All R
ights Reserved.
GlobalAccount
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© 2017 C
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obinson Worldw
ide, Inc. All R
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TODAY’S Truck Load MARKET AND
WAVES TO WATCH
Is There A New Normal?
![Page 3: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/3.jpg)
© 2017 C
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obinson Worldw
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ights Reserved.
GlobalAccount
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© 2017 C
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obinson Worldw
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Agenda:
▪ Changing US Truckload market demographics
▪ Market Drivers: Supply & Demand Forecast
▪ Spot Market Trends
▪ Pricing and Capacity Themes
▪ Future Strategies for Consideration
![Page 4: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/4.jpg)
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U.S. TRUCKLOAD CAPACITY IS HIGHLY FRAGMENTED
58%of carriers in the U.S. are
owner/operator capacity
![Page 5: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/5.jpg)
© 2019 C
.H. R
obinson Worldw
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ights Reserved.
© 2017 C
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obinson Worldw
ide, Inc. All R
ights Reserved.
Market Drivers: Supply & Demand Forecast
![Page 6: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/6.jpg)
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Market Forces: Supply and Demand
![Page 7: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/7.jpg)
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Market ForcesJANUARY 2019
![Page 8: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/8.jpg)
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Demand Forecast
▪ FTR Forecast
▪Growth in demand
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-5.0%
5.1%
-5.0%
-0.2%-0.9%
0.6%
-7.0%
-5.0%
-3.0%
-1.0%
1.0%
3.0%
5.0%
7.0%
Large TLs Small TLs
2016
2017
2018
Small Fleet: Less than $30 million in annual revenue
Source: ATA’s Trucking Activity Report
Includes company tractors and independent contractor equipment
2018 data is through 2018
Supply: For-Hire TL Tractor Changes – Large vs. Small Fleets
![Page 10: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/10.jpg)
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Reefer Trailer Fleet Forecast
▪2018 +3.6%
▪2019 +3.7%
![Page 11: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/11.jpg)
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Supply: Tractors and Driver Insights
![Page 12: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/12.jpg)
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© 2017 C
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Spot Market Trends
![Page 13: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/13.jpg)
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Dial-A-Truck Load-to-Truck Ratio: Reefer
https://www.dat.com/industry-trends/trendlines
![Page 14: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/14.jpg)
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Dial-A-Truck Load-to-Truck Ratio: Dry Van
https://www.dat.com/industry-trends/trendlines
![Page 15: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/15.jpg)
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Dial-A-Truck Load-to-Truck Ratio: Flatbed
https://www.dat.com/industry-trends/trendlines
![Page 16: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/16.jpg)
© 2017 C
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ights Reserved.
![Page 17: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/17.jpg)
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![Page 18: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/18.jpg)
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Pricing and Capacity Themes
![Page 19: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/19.jpg)
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Market Indicates Increased Loaded Rate Per Mile
![Page 20: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/20.jpg)
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Source: ATA’s Trucking Activity Report
796
~500
~ 37% Decline
Dry Van Truckload Average Length-of-Haul Continues to Fall
![Page 21: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/21.jpg)
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Source: https://ftrintel.com/subscribe/trucking-update
U.S. Truckload Utilization Is Cyclical
![Page 22: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/22.jpg)
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Truckload Pricing
![Page 23: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/23.jpg)
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Truck Driver Age Demographics
![Page 24: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/24.jpg)
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Future Strategies for Consideration
![Page 25: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/25.jpg)
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Four Pillars to a Successful Transportation Strategy
![Page 26: Global - Meat Conference · 2019-03-06 · Global Account Center TODAY’S Truck Load MARKET AND WAVES TO WATCH Is There A New Normal?](https://reader034.vdocuments.mx/reader034/viewer/2022042112/5e8dba4a59f81a5f4702bba0/html5/thumbnails/26.jpg)
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Thank you!
Gary York, VP of Global Sales
CH Robinson Worldwide, Inc.
Office: 952-683-3332
Cell: 831-915-2597
Email: [email protected]
Please feel free to reach out to me directly with additional inquiries.