Viewpoints on the Air Podcast #4: Transportation Rates: What’s Happening in the Market Today? What Actions Should Shippers Take?

Summary: What will happen to transportation rates in the weeks ahead? Will they go up, stay the same, or go down? That is one of the most frequent questions I get as an analyst, especially towards the end of the year. And it’s one of the questions I discuss with Carl Fowler, Sr. Director of Business Development and Solutions Design at Menlo Worldwide Logistics, in this latest episode of Viewpoints on the Air. Both Carl and I believe that the pendulum is swinging in the carriers’ favor, and while we’re not quite in a “carrier’s market” today, carriers are certainly in a more favorable position than they were a year or two ago. What actions should shippers take? Carl highlights five things: Question why you are shipping (i.e., eliminate unnecessary shipments) Make sure you are leveraging your spend effectively Optimize your network Make sure your network is operating effectively Have the right metrics in place For more details on these recommendations and other insights, listen to my conversation with Carl below. Then post a comment and share your viewpoint on this topic.