Are Carriers In it for the Long Haul?

As the effects of the 2022 freight bubble burst continue to reverberate through the transportation landscape, carriers continue to face the decision to leave the market or park it. Long-haul carriers are taking the lion’s share of dropping out.

Long-Haul Capacity Dropping

Principal Analyst at DAT Freight and Analytics Dean Croke observed for every 10 carriers departing, the market was met by a mere 8 joining the fray. FMCSA data shows the long-haul interstate sector lost ~5% of total carrier authorities in the last year, or ~13%-14% of spot market capacity.

"Many carriers are a breakdown away from going out of business." - Dean Croke, DAT Freight and Analytics

Shippers Are Turning to Intermodal

Intermodal Shippers in the US saved 27% annually by opting for domestic intermodal rail over trucking in the fourth quarter.

Should You Convert to Intermodal?

• Can your delivery timelines accommodate the slightly longer transit times of intermodal transport?If transit time requirements allow for the slightly longer delivery windows associated with intermodal transport, converting long-haul lanes can be viable.
• Have you compared the potential cost savings of intermodal transport to traditional long-haul trucking for your specific lanes?Evaluate the potential cost savings of intermodal transport compared to traditional long-haul trucking, particularly for lanes with high freight volumes and consistent demand.

• Are you committed to reducing your carbon footprint, and could Intermodal transport support your sustainability goals?Shippers committed to reducing their carbon footprint may consider intermodal transport as an eco-friendly alternative to long-haul trucking.

• Do you have sufficient unique partnerships with intermodal providers to leverage effectively?A unique intermodal provider can offer competitive rates, consistent service, and effective communication to support the conversion process.

Control Your Supply Chain

Intermodal can be a powerful solution and integrating or expanding rail into your supply chain doesn’t have to be a burden to you and your company.

Let Paper Transport’s transportation experts demonstrate how incorporating intermodal into your transportation mix can provide:

• Real cost savings
• Dependable capacity
• Supplier diversification
• Sustainable options
• Propelling business forward

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