An advisory firm forecasts the U.S. liquid and dry bulk truckload market will outpace GDP growth through 2029. Jason McDaniel of Bulk Transporter dives into the details.
The dedicated contract carriage segment of the national liquid and dry bulk truckload market could U.S. gross domestic product (GDP) growth through 2029.
The forecast is from a market study by Logistics Capital and Strategy. The firm expects tanker growth due to nearshoring trends driving demand for industrial gases, and sluggish electric-vehicle adoption buoying gasoline demand.
Jason McDaniel, editor of Bulk Transporter, dives into the details.
Jason McDaniel, based in the Houston TX area, has more than 20 years of experience as an award-winning journalist. He spent 15 writing and editing for daily newspapers, including the Houston Chronicle, and began covering the commercial vehicle industry in 2018. He was named editor of Bulk Transporter and Refrigerated Transporter magazines in July 2020.
