February 22, 2011
Is it time to revise your 2011 freight budget?
Freight costs in January 2011 were already running 6% to 8% higher than 2010. And with the end of February drawing near, the question isn't if freight costs will continue to go up, the question is: How much higher will our freight costs rise in 2011?
Even though it is only February, some companies are revising their freight budgets to reflect the sudden and impending increase in freight costs.
This White Paper, The Prescription for a Healthy Freight Budget, addresses how shippers can overcome the threat of rising costs to meet and maintain a healthy freight budget. As part of this discussion it is important to understand what is driving the sudden spike in transportation costs and what shippers can do to mitigate the impact of rising costs.
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