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I ask this question to shippers a lot, and when I say a lot, I mean A LOT. The top five answers are on the board: I don’t have a choice when I need to move a load. I’m not sure, I think someone has a relationship with them. It’s the way we’ve been doing it around here forever. They are part of my TMS and our tender process. They provide good serviceRead More
Transportation costs continue to rise making it difficult for shippers to effectively manage their transportation budgets. Did you know that the top 3 transportation metrics are related to carrier cost? They are: freight cost per unit shipped, outbound freight cost as a percentage of net sales, and inbound freight cost as a percentage of purchases. These carrier costs play a crucial role in...Read More
Once again, supply and demand have impacted truckload rates. Simply put, there are not enough drivers on the road to move US goods to designated destinations. The carrier shortage has been fueled by COVID, and new drug and alcohol testing protocols, leading to a capacity crunch. Capacity is the tightest it has been since 2018. Truckload pricing continues to grow, and some analysts believe...Read More