The Landscape for Over-The-Road Freight Shipping has undergone dramatic shifts.
During the pandemic when truckload rates reached $2.70 per mile, everyone wanted a private fleet. But the landscape of over-the-road (OTR) freight shipping has undergone dramatic shifts since then. The freight market, which at one time experienced a dramatic surge in demand, prices and inflation, has been in a deep recession for years now. The latest market conditions that undermine the benefits of running a private fleet include:
- Record-high costs of operating trucks
- Growing liabilities and risks
- An enduring driver shortage
- Relentless pressure to keep up with technology, sustainability and deliver cost savings – all despite market conditions
In a shippers’ market where low truckload rates and abundant capacity have persisted for years, it’s natural to wonder if the grass is greener on the outsourcing side of the road.
Take a closer look at the freight market landscape and explore the “Three C’s” for why shippers opt to run their own private fleet. Download our white paper Stay Private or Go Dedicated to better understand today's challenges and find immediate, real-world solutions you can implement today.
Get the White Paper: Stay Private or Go Dedicated? Now:
In this white paper, you’ll have a chance to take a deep dive into these topics:
Freight Market Landscape
What the current market looks like for inhouse, private fleets and using dedicated fleet providers.
The “Three Cs”
Benefits of operating a private fleet as well as the pros and cons of managing your private fleet in-house.
When it’s Time to Switch
What to look for when its time to consider switching to a dedicated fleet solution.
About TA Dedicated
TA Dedicated offers truckload transportation services through a portfolio of dry van, refrigerated, flatbed and tanker equipment. As one of the largest dedicated fleets in the U.S., TA Dedicated engineers optimize supply chains, enhance visibility and work to reduce CO2 through sustainability programs. They provide a highly specialized, hands-on freight service for complex supply chains that have unique requirements and custom needs such as hazmat shipping. They have terminals across the U.S. and are headquartered in Eagan, MN. TA Dedicated is a TFI International company. For more information on TA Dedicated, visit www.tadedicated.com.