Where’s “my” freight?
“What a difference a few months makes. The highly anticipated truckload capacity crisis and the ensuing truckload rate party lasted from late 2017 through late 2018. Beginning in early 2019 – surprise – the rate party was over. It feels like carriers have quickly gone from the best party since deregulation in 1980 to potentially the biggest hangover ever!”- According to the article in freightwaves.com and its author
“My firm has recently noticed a disturbing trend – freight that a shipper and carrier have reciprocally “committed” to tender and haul is now all or partially moving to the spot market channel. I see this empirically from analysis of clients’ freight networks, and anecdotally from visiting and talking to carriers. Why is this happening, what are the ramifications and is there a solution?” – Roush also wrote in his article.
Read the full story: HERE
Source and credits: freightwaves.com / David Roush