LTL Freight rate outlook: What to expect in less than truckload shipping rates in 2019
December 05, 2018 / Supply Chain Dive
The LTL freight rate market is on the cusp of expansion. E-commerce, the capacity crunch, the driver shortage, general rate increases, fuel costs, trade war fears, and other factors will drive the LTL market further toward success, but also upheaval thru these disruptive fronts, in the coming year. Meanwhile, inbound LTL freight costs are accelerating in advance of the peak shipping season, reports Freight Waves, creating a perfect brew for higher rates overall in the LTL marketplace in the coming year. Shippers need to know what to expect to plan budgets accordingly and get overall shipping costs optimized.