5
Import volumes
Consumer spending
Inventories
20%
38%
44%
35%
31%
10%
10%
10%
12%
66%
69%
13%
Interest rates
Housing demand
Other
0% 20% 40% 30% 10% 80% 70% 60% 50%
What do you think the primary catalysts for load volumes will be in 2024
(select all that apply)?
All
Shipper only
Consumer spending, according to respondents, is
simultaneously the biggest influence of and risk to load
volumes. Sinking consumer spending can have domino
effects across the supply chain, and those hauling
and shipping discretionary goods may notice it first as
consumers reprioritize.
The main risk to load volumes, just above consumer
spending decline, is inflationary pressure, noted by
about 63% of all respondents and 65% of shippers. Just
as inflation impacts consumers, it also means a rise in
business costs for shippers.
