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
You should expect exceptional service from your third-party logistics (3PL) provider, but how do you know you’re getting it? Your 3PL representative’s main job is to help ensure your supply chain runs efficiently. However, without the right communication and technological tools, he or she might not be able to help you avoid costly or otherwise preventable disruptions.
Of all the disruptions carriers face on the road, weather poses the greatest threat. As an example, Hurricane Florence impacted much of the Mid-Atlantic and Southeast with intense flooding and power outages, causing road and terminal closures as well as dangerous, if not impossible, driving conditions in some areas.
When it comes to freight transportation, we’re reminded just how… Read more
I’m excited to announce the launch of Echo’s new Transportation Simplified Blog. This blog will serve as a resource to our community of shippers and carrier partners, providing relevant industry news, best practices, and insights. Whether you’re new to the transportation industry and want to understand trucking terminology or capabilities by mode, or you’re a seasoned veteran interested in… Read more