Wrestling with trucking capacity constraints
Don Thornton, senior VP for DAT Solutions, delved into this very topic in a great report issued earlier this week dubbed What’s Causing the Capacity Crunch and What Can Shippers Do About It.
And while his analysis focuses on helping shippers overcome capacity constraints, it illustrates why those constraints developed in the first place – squeezing the bottom lines of motor carriers and thus triggering increases in freight rates for shippers; increases that are only just beginning.
“Factors that are constraining capacity and driving rates higher include new and more stringent regulations, extreme weather, increased operating costs, and a chronic shortage of experienced drivers,” Thornton explained.
Read more here.