A collapse in volumes, an overabundance of carriers in the market and rising operational costs have tested transportation providers’ endurance. All the while, companies continue to combat deep-rooted issues that plague the industry, especially the ongoing driver shortage.
But it’s not all doom and gloom. If history and past trucking cycles tell us anything, the market will inevitably recover. Meanwhile, companies can use this time to reassess operations and make preparations that will better position them to maximize margins now and maximize them when the busier season and market upswing eventually come.
To better understand the current needs of the industry and the path forward, FreightWaves and Trimble Transportation recently surveyed a group of fleets on how they were handling the freight recession.
- Pain points
- Strategies to maximize
Download the complimentary report today to access the full insights.
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