Shipping and Logistics
March Inland Adjustment
Our industry continues to face significant challenges and increased costs resulting from the volatile trucking Segment of the supply chain. Driver shortages and increased government regulations have contributed to the most unbalanced cargo-to-truck availability market in 13 years. Additionally, we’ve seen an industry-wide, 43-cent increase per mile since December 2016; the highest per-mile monthly average since August 2014.
To offset the industry-wide, rising costs, we will be assessing inland adjustments. To view these increases, which will go into effect on March 4th, 2018, click here for a table sorted by origin state and U.S. port.
We invite you to read our blog outlining the ongoing resource shortage in the U.S. trucking market here for a better understanding of what has driven this increase.Archive