Where Have the Rates Gone?

White truck on the road under blue sky

Moving it Forward: Where have the Rates Gone?

In the few years I have been working at Allen Lund, I have seen wild fluctuations in the rates common to our industry. From the outrageous rates trucks were demanding in 2014 to the low rates shippers are demanding today.  These are more than the typical seasonal swings we see as nursery and produce waxes and wanes, more so they seem to be caused by a fluctuation in the supply and demand of regulated freight and lower fuel prices.  We hear the phrases “buyer’s market” and “seller’s market” all the time describing the housing market.  For us in the transportation industry the phrase is the same only with carriers and shippers as the qualifiers.  Currently it is the shippers that are at the helm, and they are driving the cost of moving freight in their favor. To continue reading click here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s