Chris Brooks of The Journal of Commerce penned an article that begins, “There may be no better indicator of how shippers view the transportation landscape than how they see freight rates tranding through next fall.”
His article goes on to point out that there is excess capacity in ocean-freight as well as domestic trucking and intermodal services.
Shippers love low prices. But lower prices can be harmful for the carriers. And while no one wants to pay more a healthy mix of available capacity and moderate rates is the equilibrium that is actually best for all parties.
Give Zion Transport a call today.