Tagged: MarketGrowth

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Freight Demand Likely To Remain High

The largest drivers of freight demand are consumption and production, and for the past year the growth in consumption has been unprecedented. The four largest month-over-month gains in retail sales have come since April 2020…

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Fleets Expect Strong Growth This Year

Many publicly traded fleets are optimistic about growth this year, saying they expect rate increases ranging from high single digit to low double digits. One carrier even anticipates rate increase percentages in the mid-teens. As…

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Truck Parts Demand Rose in 2019

Demand for truck parts rose last year, survey shows U.S. aftermarket demand for parts for Class 6-8 trucks, trailers and container chassis was $31.6 billion in 2019, a 5.7-percent increase from the year before,...

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Demand For Lime Continues To Grow

The lime manufacturing market includes establishments that manufacture lime from various products such as dolomitic limestone, calcitic limestone, and other materials such as chalk, corals and shells. Production of lime starts with the quarrying and…

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World Markets Racing For LNG

Liquefied natural gas (LNG) is playing an increasingly important role in the global energy mix, driven by its environmentally friendly characteristics, versatility and relatively cheap price. LNG is perceived as a transition fuel that can…

LPG Tanks in Prince Edward, Hong Kong 0

LPG Usage Growing Worldwide

The recent trend in the global liquid propane gas (LPG) market is related to demand-supply dynamics of LPG. This includes shift of over-dependency of supply of the cooking gas from the Middle-East region to a…

Tank Transport Trader