Tanker segment to outpace GDP through 2029
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Tanker segment to outpace GDP through 2029
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About this listen
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.
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