Well, speaking of that I must mention that the increasement of freight rates is already in process. Back in 2016, it was noticed the growth of the supply of 3.0%, whereas the demand grew by 2.4%.
According to few studies and surveys that were done in the trucking sector, it can be easily predicted that dry bulk demand during this year will increase by at least 2%.
Thereupon, these numbers show that the trucking industry has a better demand side then it had a few years ago. That is to say, dry bulk trucking companies are in a way better position nowadays.
Dry bulk industry stays on the road to recovery! It will become a just-profitable industry in 2019.
Dry Bulk Trucking Key Point No. 7: Factors Affecting Demand
There are numerous factors that can affect the demand in dry bulk trucking. Among all factors, the one that has the biggest impact is external.
