US Shippers Face Unprecedented Truck, Intermodal Cost Hikes – William b. cassidy, joc.com

"For years, North American shippers were warned a truck capacity crunch was coming, a crunch that
never materialized, thanks to a stop-and-go, slow US economic recovery. After three quarters of
steady economic growth, however, that crunch finally arrived this year, clenching supply chains with
a vise-like grip, and shocking shippers who expected a slow first quarter.

That is pushing up inland supply chain costs and transport rates across the board, and shippers
should not expect relief soon. These market conditions are likely to last into 2019, most experts say.
In order to not be washed away by the oncoming wave, shippers will have to rigorously rethink how
they ship goods, gather detailed data on their operations, and collaborate."

Read more here: US Shippers Face Unprecedented Truck, Intermodal Cost Hikes – William B. Cassidy, JOC.com