A lot of companies can lower their logistics costs by improving how they select a shipping mode. Often, shipments are easy to recognize as either Truckload (TL) or Less-Than-Truckload (LTL), so there is no real decision to be made. But that is not always the case. Sometimes just a few poor choices on shipments can have a significant negative impact on a company’s… Read more
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