Shippers who have enjoyed the low rates of the past 12 to 18 months should be prepared for rates to rise. Thankfully, we here at Fello are able to negotiate favorable rates with our carriers because of the excellent relationships we have with them. But the market is the market, and if rates rise overall, it’s likely everyone will feel them to some degree.
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Trucking Overcapacity, Rate Pressure For Carriers Persist; Change Coming?
Shippers who have enjoyed the low rates of the past 12 to 18 months should be prepared for rates to rise. Thankfully, we here at Fello are able to negotiate favorable rates with our carriers because of the excellent relationships we have with them. But the market is the market, and if rates rise overall, it’s likely everyone will feel them to some degree.
Federal Court OKs California’s EV Mandate: Here’s What to Know
At this point, the industry has to assume these mandates will remain in effect, so we will be keeping a close eye on which of our carrier partners are doing the best job of getting into compliance.
March 2024 – Logistics Market Report
Insight to be prepared for cyberattacks, possible port strikes and carrier rate hikes. Check out our inaugural monthly market report here.