Data2Logistics’ Leif Holm-Andersen, Executive Director of their Professional Services Group was featured in the Journal of Commerce article, Easing Trucking Capacity Gives Shippers Slight Edge by Senior Editor William B. Cassidy, published October 19th, discussing increased truckload carrier capacity available for supply chain shippers, and the potential marketplace impact.
“There’s definitely capacity in the market, though there’s still a driver shortage,” commented Holm-Andersen. “Trucking rates “right now are flat if not down a little bit.” Holm-Andersen indicated his surprised that more shippers aren’t aggressively pursuing lower rates. “There is an opportunity for shippers to reduce rates,” he said, while stressing the situation “is certainly nothing like it was when the economy tanked” in 2008. Still, “shippers need to take advantage of the market when they can.” Long-term capacity concerns may be preventing shippers from pursuing short-term pricing gains. Truck capacity may be in a “rough balance,” but that balance is “tenuous,” and shippers worry what will happen when the economy gains speed and demand rises.
Even better – hear it from Leif himself: contact ‘em via leif.holm-andersen@Data2Logistics.com.
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