Wednesday, October 19, 2011

Forecast Manufacturing - Where are We With Trucking Costs?

Forecast for Manufacturing - Will Truck Prices Continue to Rise?

According to a report from KPMG, the global forecast manufacturing outlook is "growth while managing volatility".

OK - so what does that mean??

Here's an exerpt from their recent whitepaper:

Despite a generally profitable year, many leaders of global manufacturing firms face a
number of challenges. Just as the global economy looked like it was gaining momentum, the Japanese tsunami struck, unravelling many global supply chains. Since then, volatility has become a key watchword, as a wide array of macroeconomic risks – most notably the European and US debt crises – raise uncertainty over future demand and the spectre of a “double dip” recession.

Yet executives at major manufacturers – organizations polled in an Economist
Intelligence Unit survey representing firms with at least US$1 billion in revenue – are cautiously optimistic that they can realign their businesses toward top-line growth while managing the multitude of cost challenges.

It appears that KPMG's survey is indicating that there is still some optimism in the global economy that manufacturing will continue it's upward trend.

Of course, as this relates to transportation costs, the more demand that is placed on a constant supply can, and probably will, put upwards pressure on prices.

Click here to download KPMG's report, "Global Manufacturing Outlook - Growth While Managing Volatility"


  1. Honestly, there's not much that can be done to prevent a disaster of that magnitude. The only thing to do is hope there are enough funds left to rebuild or relocate the factory, hire new workers, as well as replace the conveyor belts, modular angle heads and other equipment necessary to get things running again.

  2. Even if truck prices shoot up. I'm still confident the irs form 2290 will help me purchase trucks. It has done wonders for me in the past and I know it will still be doing good for me in the future.

  3. I am quite optimistic in the next year or two. I have now a finer grasp on manufacturing because of the experience that I acquired during the years. And it also helped that I was advised by some of the best tax fraud solicitors. Knowing about such thing is helpful in the business.

    Ryan Donovan III

  4. If the experts are forecasting that the coming years of manufacturing will be as stable as ever, meaning it will also affect the price of whatever they are offering. I think that is the time to apply for any Health Novated Leases.

  5. Do truck sellers accept loan modification? If they don't, I think that opening up this option will increase the number of their buyers. They also must have an in house lawyer to protect and ensure that transaction are within the law.

    Lara Thompson

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