Supply Chain Expertise and Technology Blog by TMC, a division of C.H. Robinson

Why Trucking is Not Your Average Market

Why Trucking is Not Your Average Market

Predicting Market

I’m frequently asked by shippers for advice on which direction freight rates are going. I wish I could predict the future, but I can’t. However, it is possible to better understand the market mechanisms that drive rate fluctuations by analyzing available data. And one of the chief lessons is to not assume that rates always move according to a standard market average.

Historically, on average, pricing in the truckload market tends to increase by just over 2% a year. We know this because we reviewed the rate changes within a leading industry index. Read More…

- Director of Consulting Services, C.H. Robinson
Linkedin Profile

Archives