Truckload costs and the associated market prices are—for four years in a row now—still at or near the lowest threshold that the market can support. Last year we predicted that prices would move upwards significantly due to increasing demand, attrition… Read More
With rates rebounding and carrier reliability stretched thin, more shippers are asking: Should we take control with a private fleet? Chris Dorsen and Adam Gray share their insights on the benefits, cost structures, and tactical use cases of shipper-owned private fleets.
Truckload costs and the associated market prices are—for three years in a row now—still at or near the lowest threshold that the market can support. Here is the Commercial Trucking Operating Costs Mid-Year 2024-Q3 Update.
Recently, the JBF Consulting team, including myself, Tony Wayda and Mary Wayt , had the opportunity to attend Manifest 2024 in Las Vegas. Here are the key insights that captured our attention.
Key areas of focus from the recent Descartes Innovation Forum included a customer engagement platform enabling on-demand delivery tracking, a mobile solution for driver safety training, and integrated route planning considering drivers’ HOS with Geotab ELDs.
Truckload costs—and the corresponding market prices—are still at or near the lowest threshold that the market can support. Truckload Breakeven Price Per Mile is now above $2.50 for the first time.
With a shifting market across both the demand and supply sides, there are fundamental questions that many managers and leaders are asking: Are these prices going to stabilize? Are we in for further volatility? What do I need to know about shifting market rates and actual operating costs? And how does all of this affect my business strategy? Find the answers in the latest 2023 update.
