Capacity remains incredibly tight across the LTL industry. With Electronic Logging Devices (ELDs), difficulty finding drivers, and freight spill-over from the Truckload market, our LTL partner carriers are struggling to meet service standards. Our pricing and carrier relations departments are working hard to keep us informed about transportation issues, and changes that may impact you and your business.
For the past 30 years during the month of June, the Commercial Vehicle Safety Alliance (CVSA) has been conducting a blitz of roadside inspections on commercial motor vehicles to ensure safe operation. This year, the blitz is set for June 5-7. During these 72 hours, an average of 17 trucks and buses will be inspected every minute across North America. In prior years, we’ve seen tighter capacity and rate increases up to 30%.
FREIGHT CLASS CALCULATORS
Determining a freight class is not always a simple task. Unfortunately, there is nor an easy or foolproof way to find the correct freight class. Sure, you can find a freight class calculator on almost every freight shipping website, but each one of them comes with a small disclaimer, “freight class determined is estimated”. The reality is, freight class calculators are too basic to determine the correct class per the commodity being shipped and can easily lead to countless re-bills due to re-classing by the LTL carrier.
Here is a recent article from Inbound Logistics on simple things we can do to keep our costs under control in a skyrocketing market.