Trucking Carnage: Shippers Drive Rates Down As Carriers Concede To Low Rates [Video]

Trucking Carnage: Shippers Drive Rates Down As Carriers Concede To Low Rates

Shippers have been benefiting from the ability to save money on transportation, and they are not ready to let go of that pricing power just yet. After paying trucking companies top dollar in 2021, shippers are looking for a way to make up for their losses, and the worst part? Big carriers are also not mighty enough to stop that downward pressure.

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References:

https://www.joc.com/article/disciplined-truckload-carriers-attempt-hold-line-annual-pricing-talks_20240220.html

https://www.joc.com/article/shippers-putting-greater-expected-pressure-freight-rates-knight-swift_20240418.html

https://www.ftrintel.com/shippers-conditions-index