by A1 Freight Solutions | Mar 12, 2024 | Freight Brokers, Supply Chain, Trucking and Supply Chain
Many predict freight rates will rise soon after the record lows experienced in the trucking industry last year. In 2023, transportation prices lowered to the lowest in over six years. By February 2023, the Logistics Manager’s index indicated a reading of 36.1....
by A1 Freight Solutions | Jan 2, 2024 | Freight Brokers, Supply Chain, Trucking and Supply Chain, Uncategorized
Understanding the factors influencing trucking rates can be essential in determining how much your shipment could cost. A trucking or freight rate is the price of transporting a shipment from one location to another. In other words, this is the amount that a shipper...
by A1 Freight Solutions | Nov 7, 2023 | Inflation, Truck drivers, Trucking and Supply Chain
While thousands of trucking companies have shut down, the domestic transportation industry has seen rising spending during a trucking bloodbath. Approximately 35,000 new carrier companies shut down in 12 months, ending September 2023. The number of trucking companies...