Shocked by price increases and a drive to raise rates that one logistics executive called
“ruthless,” shippers are racing to expand relationships with asset-based carriers, both those already in their
routing guides and new partners that potentially can bring additional capacity to the table. . . .
Shippers are looking not just for more carriers with available capacity (and there are few idle trucks on US
highways), but for more efficient ways of using existing capacity and even “creating capacity” by better managing carrier relations and shipping processes. . . .
Trucking companies that warned US shippers of rate increases last autumn are following through, and are willing to walk away from customers that refuse to pay, several logistics executives said. The situation is being
exacerbated by the electronic logging device (ELD) mandate, they said."
Find out more details here: US Truck Shippers Adjust To New Rate Reality – William B. Cassidy, JOC.com
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