Freight Continues To Flow In, Capacity Does Not
Portfolio Pulse from FreightWaves
The National Retail Federation has raised its forecast for retail container imports, expecting a 33.9% increase in the first half of 2021. Despite ongoing pandemic challenges, consumer spending remains strong, driving freight demand. However, capacity constraints, including driver shortages and production delays, persist, potentially keeping freight rates elevated.
May 17, 2021 | 3:01 pm
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Morgan Stanley analyst Ravi Shanker notes that strong Class 8 truck orders are due to supply chain disruptions affecting production. This suggests limited capacity growth, potentially keeping freight rates high.
Morgan Stanley is mentioned in the context of analyzing the freight market, specifically regarding Class 8 truck orders. The analysis suggests that supply chain disruptions are limiting capacity growth, which could keep freight rates high. This is relevant to investors as it indicates potential continued strong performance in the freight sector.
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