Originally published at: Truckload Rates Explode: How Shippers Adapt to Rising Costs - FreightWaves
The freight market is experiencing an inflationary leg in its current cycle, with spot truckload rates up over 40% year-over-year. Chris Pickett from Flock Freight breaks down what’s driving these increases, how shippers and carriers are adapting to uncertain conditions and rising diesel prices, and why shared truckload solutions are gaining traction. Get his full…