Shippers, 3PLs agree on US truck capacity, but not rates

US shippers and logistics service providers (LSP) expect significant change in truck capacity and pricing next year, but they are far from agreeing on the extent of that change. LSPs expect much sharper and broader rate hikes and a greater negative impact from the electronic logging device (ELD) mandate than shippers, according to a survey by The Journal of Commerce. The more than 200 shippers and LSPs surveyed by The Journal of Commerce were divided along several lines, starting with expectations about freight volumes for certain modes and how significant price increases next year might be. Notably, many of the LSPs surveyed believed shippers are ill-prepared for the electronic logging mandate and its potential ripple effect on supply chains.
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