Capacity in the domestic full truckload (FTL) market is as tight as it's ever been. Although recently the surge in rates has started to plateau slightly, the industry outlook for the foreseeable future is for continued imbalance in supply and demand in the market. As a result, shippers must become more efficient in how they award lanes and become more attractive to carriers.
The most mature shippers are implementing segmentation schemes and other processes that try to create win-win propositions for themselves and their carriers. This article looks at 4 things that all Supply Chain leaders should be asking their Logistics teams to be sure they are doing the things necessary to secure valuable capacity.