Truck Stop/TLSS: Demand Scores While Supply Plays Defense

Research evidence excerpt

Truck Stop/TLSS: Demand Scores While Supply Plays Defense

k later.

We need stability and consistency. Responsible capacity with reasonable

rates of return and improved pay and working conditions for drivers.

is still tight. We've had to make some adjustments to our routing

The cost front, driver recruiting and retention are changing weekly. freight Market

guide and conduct a couple of mini-bids. Every time I look up there is Tight capacity.

pricing will continue to increase rapidly to keep up.

something else on the horizon that will impact carrier costs and capacity.

Now that shippers are moving to intermodal away from truckload, we are

not seeing IM companies really de-stack to add more capacity, they are

The market is finally changing. Long overdue! createlimitingsignificantthe market.problemsLong termof loadswithsittingboth modesand furtherreachingempowercapacity,boththismodeswill

to continue to maximize rate which eventually the consumer has to pay for.

Will they have the appetite?

The speed of the recent market tightening and rate increases is largely

driven by a combination of reduced carrier capacity, higher operating costs,

and stronger freight demand in certain sectors. While I understand carriers

need to respond to changing market conditions, it's difficult to reconcile

some of the current requests with the long-term partnership approach we've

taken over the past several years. During the extended shipper-favored

market, we did not aggressively chase every market decline, force across-the-

board rate reductions, or threaten to move freight solely to capture short-

term savings. What we're seeing now, however, is carriers requesting rate

increases in the middle of active RFP cycles, or indicating they may not

support awarded freight unless rates are adjusted.