Growing transportation costs have skyrocketing fuel surcharges to blame

FuelNuts & BoltsInflationMoney Matters
Written By Jennifer Joslyn

The freight market’s price growth comes from the 9.1% inflation rate, increasing fuel surcharges, and seasonal issues. The Cowen/AFS Freight Index reflects both contract and spot rates over truckload, LTL, parcel ground, and parcel express sectors. The rates are expected to continue to climb in Q3 2022.

Cost-per-shipment growth has dramatically increased because of fuel, accessorial increases, and strict selective practices by carriers, as well.

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Jennifer Joslyn
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