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Release Date 5/5/2008

	Contact:
	Brian Everett, Executive Director 952-442-8850 ext. 201

	Is the "Freight Recession" Over?

	Robert W. Baird & Company transportation analyst Jon Langenfeld told shippers at the NASSTRAC annual conference in April that the answer to that question could be "yes." However, there's a catch. When the U.S. economy rebounds, a "freight pricing renaissance" is likely to take hold, which may provide both opportunity and risk for shippers and carriers alike. In either event, however, Langenfeld said pricing is likely to go up in the next five years by six to eight percent in order for carriers to justify investments and build capacity. And due to that increase, Langenfeld said shippers should prepare for higher rates now, because it will "shape profitability for all companies in the next three to five years."