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Advice for Shippers Facing Rising Freight Rates in 2017

Oct 18, 2016 at 11:22 AM CST

A message to shippers who have been paying rock-bottom rates for truck transport over the last couple of years: next year, that ride is likely to come to an end.

Truckload carriers, seeking to boost profitability in an uncertain economy, will be tightening up on capacity in 2017, predicts Matt Harding, vice president of the Freight Market Intelligence Consortium at Chainalytics