The LTL freight market has been strong for the past several years but is currently at historic levels as domestic US freight volumes continues to surge across all modes of shipping. This growth in volume along with pandemic related labor challenges has the entire freight industry experiencing serious operational issues and capacity crunch.
Shipment delays, damages, rising rates and unpredictable service are becoming daily realities in the freight market as LTL and TL providers are seeing volumes beyond their capacity. How can shippers alleviate the stress of a critically tight capacity market and rapidly rising and changing rate environment?
What questions do we answer?
- With e-commerce orders at an all-time high, businesses are thriving, making freight demand high. What solutions do shippers have to help mitigate the rising rates imposed by LTL carriers?
- What options do shippers have to reduce the stress of current market conditions including small parcel networks being overwhelmed, truckload capacity being tight and the ongoing driver shortages?
- How is COVID-19, vaccines, freight embargos and other current issues changing capacity demand?
- How can you identify weaknesses in your operations and provide solutions to help your supply chain run leaner and smoother?