As shippers get ready to finalize their 2020 budgets, the most popular question we have been receiving lately is: “Why are my LTL rates going up when my truckload rates are going down?” The answer to this question has big implications for shippers as they look to manage their freight costs in 2020.
If you have the same strategy for sourcing truckload and LTL carriers, think again. As recognized experts in conducting transportation sourcing events, one of the biggest mistakes we see shippers making is treating truckload and LTL the same when it comes to conducting their annual RFP sourcing events.
