Pushed by a growing economy and driver shortage, increasing freight rates have been on most shippers' minds lately. In truth, rates, particularly in the truckload segment, have been on everyone's minds for quite a while now.Read More
In February, we discussed solutions that can help shippers navigate the freight capacity crunch currently felt throughout the U.S. Current challenges with capacity, however, are not limited to freight moving domestically. Cross-border freight capacity between the U.S. and Mexico, for example, has become increasingly difficult to secure in recent years.Read More
In January 2017, we informed our readers about the warning signs that signaled an impending truckload capacity crunch. As the year progressed, the forecasted storm developed into reality, and capacity constraint has been reported as the primary issue faced by many shippers last year.Read More
When you ship in volume, using less-than-truckload (LTL) for distribution is generally the most cost-effective solution for regional and short haul transportation. However, if your freight is moving a long distance, such as from the West Coast to locations across the country, the cost of moving multiple less-than-truckload (LTL) shipments can quickly add up.Read More
When we asked shippers what their biggest challenges were in our 2017 State of The North American Supply Chain Survey, only 11 percent said they had issues with capacity. That number marked a 1 percent decrease from the prior year. On a graph, those numbers would appear to bode well for shippers as a sign of easing fears that a capacity crunch will not occur in the foreseeable future.
However, there are a growing number of indicators that truckload capacity will tighten in 2017. More concerning, though, these warning signs may even suggest that shippers and carriers will experience a significant truckload capacity crunch that could last for several years.Read More