TD Cowen/AFS: shippers should buckle up for an expensive Q4
Freight rates are being driven to historic highs by the potent effects of a structurally higher-cost transportation environment, heated up by entrenched high fuel prices, capacity constraints, and peak-related fees, according to a report…
Freight rates are being driven to historic highs by the potent effects of a structurally higher-cost transportation environment, heated up by entrenched high fuel prices, capacity constraints, and peak-related fees, according to a report from AFS Logistics and TD Cowen.The report projects an expensive Q4, with holiday shippers facing record-high ground and express parcel costs, the highest truckload rates since Q1 2022, and LTL rates eclipsing 80% above the January…
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