Running On Empty:
A Closer Look At The Freight Capacity Crisis
Following the 2017 hurricane season, freight capacity quickly eroded and has continued to tighten up ever since. Following the hurricanes came the implementation of electronic logging devices (ELDs), which compounded the effects of the driver shortage by putting a hard limit on hours of service.
The tight over-the-road market quickly spilled over into rail and intermodal, and whatever surge capacity existed is unlikely available or available at a much higher cost. Reports of loads not being picked up on their scheduled day to ship, also known as rollover freight, are rising.
While everyone agrees capacity is as tight as it’s ever been, it’s still unclear whether this most recent crunch is part of a normal cycle or if it will continue for the foreseeable future.
In this eBook, we take a look at the current capacity crisis and how shippers and 3PLs can survive this period of scarce capacity and higher rates.