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Transportation companies face new carbon-reporting mandates as well as increased scrutiny from investors, shippers, and consumers concerned about their eco-impact. What’s a transportation provider to do?
In our continuing series of discussions with top supply-chain company executives, Tom Nightingale discusses the transportation industry and the advantages of being a 3PL.
It’s a mixed bag for truckers. Truckload spot rates continue to bounce along the bottom, while contract business is struggling to hold its own. And while Yellow’s bankruptcy boosted the LTL market for a time, last year’s freight recession continues to linger. Are there any green shoots out there?
Understanding the cyclical nature of the market, and where we currently are within that market, helps Shippers to make better predictions for the current quarter and into the new year.