Three Actions LTL Shippers Can Take to Stay Ahead in 2025
Analyst Insight: For shippers that rely on less-than-truckload (LTL) shipping, the market landscape has undergone some substantial changes that are still shaking out.
The shutdown of LTL carrier Yellow in 2023 removed roughly 10% of capacity from the market. It forced many shippers to immediately find a new carrier or broker to keep their LTL freight moving, then try to find the right solution for 2024, as the footprint of LTL terminals nationwide radically changed for the first time in a decade.
LTL shippers have also felt renewed cost pressures, in the form of increases in both rates and accessorial charges. Analysts forecast contract rates to go up another 3.6% to 5% in 2025.
To stay resilient, shippers should consider taking the following steps:
Rebid freight now. Shippers should be matched with LTL providers that deliver th…
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