What's Happening?
A recent survey conducted by Averitt has revealed a cautiously optimistic outlook for the shipping industry in 2026. The survey, which gathered responses from over 1,000 supply chain, logistics, and procurement professionals across North America, indicates that while a majority expect shipping volumes to rise, the anticipated increase is modest. Specifically, 59% of respondents foresee an increase in shipping volumes, marking the lowest level of positive outlook in the past decade. Meanwhile, 37% expect volumes to remain steady, and only 3.6% predict a decline. This cautious stance reflects a broader industry sentiment of careful planning amidst tight capacity and execution risks.
Why It's Important?
The findings of the Averitt survey are significant as they highlight
the current sentiment within the shipping industry, which is a critical component of the U.S. economy. The cautious optimism suggests that while there is confidence in growth, there is also an awareness of potential challenges such as capacity constraints and execution risks. This balanced outlook could influence strategic planning and investment decisions within the industry, impacting stakeholders ranging from logistics companies to retailers and manufacturers. The survey's results may also guide policy decisions and infrastructure investments aimed at supporting the industry's growth and addressing its challenges.
