One thing most people don't put into the mix is that fuel has risen 13% since the new year and was as high as 18% on Feb 1. That is a hard cost that most inexperienced carriers do not recognize until their credit facilities are tapped out. That is 13cents per litre or 50cents per gallon. Also, in a time where idle times are up and productivity is lower because of road closures and weather.
The other thing is that most entities have raised their costs. The bridges, tolls, CBP transponders and a flurry of other items have increased on Jan 1. We have to collect it somehow to pay it.
Get ready to have that tough conversation with your customer - it's going to get more costly to move freight.
The other thing is that most entities have raised their costs. The bridges, tolls, CBP transponders and a flurry of other items have increased on Jan 1. We have to collect it somehow to pay it.
Get ready to have that tough conversation with your customer - it's going to get more costly to move freight.
