Shifting gears

By Walter Kemmsies, chief economist, Moffatt & Nichol

   It has been five years since the 2007-2009 recession ended, but only in the last few months have aggregate macroeconomic and freight movement industry data series indicated that activity has generally returned to pre-recession levels. As capacity utilization rises, negotiating power should shift from buyers, as has been the case in the last seven years, to sellers…