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West Coast and California Logistics Blog

Happening Now: LTL prices continue to rise

Tue, May 11, 2021 @ 07:30 AM / by Weber Logistics

If you have priced LTL transportation for your products in recent months, chances are that you’ve seen prices rise. A lot.

LTL-freight-401335973A recent article from the JOC examines these price hikes in detail. The article points out that, while it may seem that trucking carriers are simply raising prices to take advantage of a tight capacity market, the truth is more complicated than that.

Trucking companies and 3PL providers are contending with rate hikes of their own. These include higher costs for truck drivers, trucking equipment, fuel, and industrial real estate.

Read the article and stay tuned to the Weber Logistics blog for more logistics information and perspectives.

Topics: Happening Now

Written by Weber Logistics

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