Factors That Affect Truckload Shipping Rates

Predicting truckload shipping rates is a tricky business. Over the past several years, rates have fluctuated by over 50%! Factors that drive such wild swings are numerous, but they can be nailed down to a couple fundamental issues: changes in supply and demand and fuel prices.

Let’s start with the obvious. Fuel prices impact truckload rates. As an example, diesel prices that are $3.30… Read more