Wolfe Research 2Q16 Shipper Survey

1.Please provide the following information for our files so that we can contact you with the results. Please note that we keep strictly confidential and anonymous all survey responses as well as the identities of respondents.(Required.)
2.What is your company's total annual transportation budget?
3.Identify the industry(-ies) in which your company participates. Check all that apply.
4.What percentage of your transportation budget dollars are allotted toward the following?
Must add to 100%
% Global Ocean Freight
% Global Airfreight
% Domestic U.S. Ground Parcel
% Domestic U.S. Air Express
% LTL
% TL
% Intermodal
% Rail Excluding Intermodal
5.What do you expect to be the year-over-year change in your total freight transportation budget over the next 12 months?
% Change Including Fuel Surcharges
% Change Excluding Fuel Surcharges
Please answer both including and excluding fuel surcharges
6.What percent change in "same store" shipment volumes do you expect over the next 12 months?
Expected % Change over the next 12 months
Please select from drop-down
7.What percentage increase or decrease in volumes do you expect from each mode over the next 12 months?
% Increase/Decrease
Truckload
LTL
Intermodal
Non-Intermodal Rail
Global Air
Global Ocean
Domestic Ground Parcel
Domestic Air Express
8.What change in production sourcing do you expect for your company over the next five years?
9.What percentage of UPS's list price increases do you expect to pay in 2016? (0-100%)
UPS Domestic Air (5.2% net of fuel surcharge adjustment)
UPS Int'l Export (5.2% net of fuel surcharge adjustment)
UPS Ground (4.9% net of fuel surcharge adjustment)
% Paid in 2016
10.What percentage of FedEx's list price increases do you expect to pay in 2016? (0-100%)
FedEx Domestic Express (4.9% net of fuel surcharge adjustment)
FedEx Int'l Export (4.9% net of fuel surcharge adjustment)
FedEx Ground (4.9% net of fuel surcharge adjustment)
% Paid in 2016
11.How do you perceive TL capacity currently compared to this time in previous years?
12.What are your expectations for TL capacity over the next 12 months?
13.How do you perceive LTL capacity currently compared to this time in previous years?
14.What are your expectations for LTL capacity over the next 12 months?
15.What increase (decrease) in TL rates (excluding fuel surcharges) do you expect to pay over the next 12 months?
% Change over the next 12 months
Expected change (excluding fuel surcharges)?
16.What increase (decrease) in LTL rates (excluding fuel surcharges) do you expect to pay over the next 12 months?
% Change over the next 12 months
Expected change (excluding fuel surcharges)?
17.How do current spot (non-committed, non-contractual) TL rates compare with current market contractual rates?
18.What increase (decrease) in domestic Intermodal rates (excluding fuel surcharges) do you expect to pay over the next 12 months?
% Change over the next 12 months
Please select from drop-down
19.What % of your total over-the-road volumes are intermodal?
5 years ago
Today
5 years from now
% of over-the-road volumes
20.Have service levels improved or declined for the following rail carriers this quarter compared to a year ago? Please rate each railroad from 1-5, with 1 indicating a strong decline, 3 indicating no change, and 5 indicating a strong improvement.
1
2
3
4
5
N/A
BNSF
Union Pacific
CSX
Norfolk Southern
Canadian National
Canadian Pacific
Kansas City Southern
21.Have you shifted a significant percentage of your volumes from TL to Railroad, or Railroad to TL over the past six months?
% shifted from TL to Rail
% shifted from Rail to TL
22.Going forward over the next 6-12 months, do you plan to shift a significant percentage of your volumes from TL to Railroad, or Railroad to TL?
% shifting from TL to Rail
% shifting from Rail to TL
23.What change in average railroad rates (net of fuel surcharges) do you expect to pay over the next 12 months?
% Change over the next 12 months
Expected change (excluding fuel surcharges)
24.Which railroads have been most aggressive in raising rates? Please rank the following from 1-7, with 1 being most aggressive and 7 being least aggressive in raising rates.
1
2
3
4
5
6
7
BNSF
Union Pacific
CSX
Norfolk Southern
Canadian National
Canadian Pacific
Kansas City Southern
25.Where are your inventory levels currently at?
26.What are your current inventory levels compared to this time a year ago?
27.Do you expect to ship more or less freight than normal in the next quarter compared to recent years because of inventory build-up?
28.By how much do you expect your international heavy airfreight rates (excluding fuel surcharges) to change over the next 12 months?
% Change over the next 12 months
Please select from drop-down
29.By how much do you expect your ocean containership rates (excluding fuel surcharges) to change over the next 12 months?
% Change over the next 12 months
Please select from drop-down
30.Going forward over the next 12 months, do you plan to shift a significant percentage of your volumes from air to ocean, or ocean to air?
% Change
% shifting volumes from ocean to air
% shifting volumes from air to ocean
31.Which of the following changes do you expect to make going forward with respect to your Truckload spend? Please select all that apply
32.Going forward over the next 6-12 months, do you plan to shift a significant percentage of your volumes between TL and LTL carriers?
% shifting from TL to LTL
% shifting from LTL to TL
33.What % of your small package volumes are currently going through UPS, FedEx, DHL, the U.S. Postal Service and regional carriers. What market share changes do you expect over the next two years?
Current split
2 years from now
% share with UPS
% share with FedEx
% share with DHL
% share with the U.S. Postal Service
% share with regional carriers
34.Following XPO's acquisition of Con-way, do you expect to shift any of your freight to other LTL carriers?
35.Where rails and trucks compete, how much cheaper are your railroad transportation costs, on average, compared to comparable truckload movements?
Rails cheaper than trucks by
36.When do you expect the government's ELD (electronic logging device) mandate will begin to impact TL capacity?
37.What percent impact on TL capacity do you expect from the upcoming ELD mandate?
38.Do you expect the ELD mandate will have an impact on your TL rates and pricing negotiations in 2016? How about 2017?
2016
2017
Please answer Yes or No
39.In anticipation of the ELD mandate, do you expect ot increase or decrease your transportation spend with truck brokers?
40.With the Panama Canal expansion nearing completion, what percent of your total ocean shipments do you expect to move through East/Gulf Ports currently vs. long-term?
East/Gulf Coast Ports
Current
Long-Term
41.Thank you for taking the time to fill out this survery. We encourage you to leave any questions, comments, feedback, etc. here.