Want To Know Where Your Freight Rates Are Headed? Then Check Out These Valuable Resources!
Mar 8, 2018
This year, the question I have been asked most frequently is: “When are my freight rates going to come back down to normal?” As we have highlighted recently, what we are seeing now is the new normal.
Why? There are a couple of very important factors impacting the freight markets and your freight rates. One of the most important is the economy. That is why I encourage you to listen to our interview with noted economist Gary Shilling, one of the longest-running columnists at Forbes magazine and a regular columnist for Bloomberg View. In this interview, Gary shares his insights on the possibility of inflation, the potential impact of the president's recently announced tariffs, fluctuations in the stock market, and most importantly, how all this activity could impact your company in the future.
But we are doing more than just talking about the economy. You see, the second most frequently asked question I get is: "How can we manage in this transportation perfect storm?” With that thought in mind, I know that you’ll find value in a recent interview where Dan Gilmore from Supply Chain Digest asks me to share practical advice for getting capacity at a reasonable cost. In response, I cover four essential tips for making this possible.
We’re sharing all of this because we’re on your team, we’re here to help and we’re passionate about seeing you be successful.