September marked the beginning of the high volume shipping season that typically occurs ahead of the holidays.
However, this year’s Cass Freight Index measured a domestic freight volume of 1.5% below that of September 2014. It is believed that a buildup of inventory for many manufacturing and retail companies is to blame. Many companies stockpiled goods early in the year, anticipating that labor disputes at West Coast ports would continue for a greater length of time. This means that there is now less of a need for products to be shipped to these companies. Transportation analysts do not wholly agree on whether volumes will increase or decrease throughout the remainder of 2015. In the meantime, increased capacity could give shippers a greater variety of carriers to choose from, as well as lower than normal rates in certain situations.
It is important to note that even when quotes are obtained, there is still plenty of room for billing errors to be made. Inquire today how AMTR’s Smart Auditors can help you recover overcharged monies.