October 14, 2020

Freight Costs Rising

Freight Costs Rising
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Average price per mile of $2.46 = U.S. truckload spot market in the first week of October – up…

Average price per mile of $2.46 = U.S. truckload spot market in the first week of October – up 20.6% since July and a record high in the DAT Solutions measure.  At the same time, intermodal freight is up 7.1% in September – the 4th busiest month ever for container shipments.
 
One way to mitigate freight cost increases is through load optimization – putting more “stuff” on each load.  More “stuff” = fewer trucks!  Call me if you want to know more (615 791-0865).

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