Logistics leaders are struggling to establish budgets and plan for reliable transportation service in what has been a volatile 12 to 18 months in the freight markets. This research identifies methods that supply chain leaders in logistics are using to secure capacity and constrain costs.
Impacts and Recommendations
- Constrained Transportation Capacity Creates a Market Where Carriers Pursue Better-Paying Freight
- When Transportation Supply Is Constrained, Shippers Are Forced to Align Their Carrier Portfolio and Be More Collaborative With Carriers
- Carriers Would Typically Add Capacity to Offset the Supply-Demand Imbalance but Are Challenged by the Driver Shortage
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