by A1 Freight Solutions | Nov 12, 2024 | Domestic Shipping, Supply Chain, Trucking and Supply Chain
After over two years of downturn in the domestic shipping industry, many believe the trucking recession has ended. In early 2022, freight rates began plummeting rapidly to record levels. From March 2022 to March 2023, truck spot load postings dropped nearly 70%. By...
by A1 Freight Solutions | Sep 24, 2024 | Domestic Shipping, Supply Chain, Trucking and Supply Chain
An essential consideration for shippers and carrier companies is understanding how fuel costs impact trucking. The domestic shipping industry considers fuel one of the most significant expenses for carriers, accounting for up to 25% of expenses. Fuel prices have...
by A1 Freight Solutions | Aug 6, 2024 | Freight, Supply Chain, Truck drivers
Current trucking industry trends have increased speculation of the end of freight recession nearing. For the past few years, domestic shipping has experienced a decrease in freight volumes, indicating overcapacity. Freight rates have been hit the hardest by the...