Transport Topics (June 29, 2022)
Shippers are looking at developing their own truck fleets due to low service levels and greater affordability, a leading logistics report says. The Council of Supply Chain Management Professionals released its 2022 \u201cState of Logistics\u201d report June 21 that was produced with consulting firm Kearney and Penske Logistics. It discussed annual comparisons of freight costs in the U.S. supply chain. It predicted that a drop in demand and rates in the second quarter of this year \u201cwill squeeze carrier margins\u201d while shippers \u201cmiffed\u201d by current service levels, including driver shortages, will seek to have their own trucking fleets.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices