by TQL
8/18/2011
The industry is starting to return to pre-recession levels and as a result, freight volumes are on the rise. More freight equals higher truck demand and the load capacity they yield. At the same time, previous fleet reductions and a decrease in the amount of available truck drivers has resulted in fewer trucks to go around. “Carriers lost a large number of trucks with the fallout from the recession, and most aren’t in a big hurry to bring equipment back online as they’re making money now with existing assets,” says TQL Executive Vice President Kerry Byrne.
This combination of rising demand and diminished capacity is creating higher logistics costs across the industry that are rising faster than the overall economy. Total transportation costs in 2010 were up 10.3 percent to $768 billion, says a State of Logistics Report by the Council of Supply Chain Management Professionals. Read the full report.
TQL currently maintains relationships with the 58,000 freight carriers in our system, allowing us to identify the right trucking solutions when and where you need them. We understand how important your shipments are to your business, and we want to make sure your customers receive goods on time. Our superior technology and 24/7/365 staffing allows us to track your shipment from pickup to delivery and every critical point in between.
