Steering Through Freight Market Downturns
Freight market downturns makes it difficult for businesses to find the capacity they need despite falling rates. Several factors, including weaker demand for goods, rising fuel costs, and easing supply chain disruptions, are hitting the industry. As a result, many shippers find that fuel surcharges or delays quickly absorb any rate savings.
While some experts believe that the market will quickly rebound in 2024 as demand for goods picks up and supply chain disruptions continue to ease, others believe the downturn could last longer as the global economy faces some headwinds, including inflation, rising interest rates, and the war in Ukraine. Whichever analyst has it right, carriers and shippers must be prepared for a challenging market in the coming months.
The talented team at RDS Capacity Solutions can help you find the freight capacity you need when you need it. With a network of over 10,000 carriers, RDS offers comprehensive solutions to help you find trustworthy carriers for your freight and negotiate the best possible rates and schedules. In a tight market? Try our freight capacity procurement service to help you find space to any destination.
By improving shipment efficiency, we can save both time and money. Whether you need freight consolidation and deconsolidation, cross-docking, warehousing, or fulfillment, our expert team can build custom solutions to fit your budget and schedule.
With superior customer service, RDS is available 24/7 to answer questions and resolve issues. Being committed to providing our customers with a transparent, hassle-free shipping experience sets RDS apart.
While the market settles and returns to a balanced state, you can trust RDS Capacity Solutions to help you navigate the fluctuations of rates and capacity. If you’re ready to step away from the confusion and begin a proactive plan for logistics success, contact your RDS representative.