Freight Rates: 3 reasons shippers who predict rates reduce costs, find capacity
FreightWaves SONAR
SEPTEMBER 29, 2023
When the OTVI shows a higher reading year-over-year, it’s an indication of less capacity in the full truckload market, which indicates higher freight rates. What if shippers could look beyond what’s expected and apply forecasting tools to keep freight spend under control and navigate uncertainty throughout this disruption – and beyond?
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