We are living through a time of historically tight trucking capacity, escalating transportation costs and record labor shortages. Gas prices are just the latest commodity to hit carriers’ and shippers’ bottom line. Nationwide, they quickly surged to over $4 a gallon, and are expected to continue to rise over the next several weeks. On top of that, surcharges are up .06-.07 cents per mile.
Watch this on-demand webinar with Ben Cubitt, SVP of Consulting at Transplace, to learn some actions shippers can take to mitigate risks as they begin to strategize and evaluate the new cost environment.