How Rising Trucking Expenses are Driving Price Increases for Shippers

One of the trends that shippers are noticing recently is the increase in trucking expenses which are making it more difficult to ship things.

There are two primary travel expenses that are on the rise – the cost of labor and the cost of fuel. The truth is though, these are always the two expenses that are rising and costing the most. But these days, and is even more pronounced and the rate in which they are rising is higher than it has been in decades.

This puts a great deal of pressure upon manufacturers and shippers to raise the price of their products and services in order to afford trucking expenses.

How Rising Trucking Expenses are Driving Price Increases for Shippers

So, why is this happening? One of the reasons is that there are a lot of job openings right now in other areas and truck driving is sort of an unforgiving profession. Most truck drivers spend almost all of their time on the road and if you have a family, especially if you have children, this can be really tough to deal with. On top of that, the current truck driving workforce is retiring in fewer and fewer young people are getting into trucking, instead opting to take jobs in technology and manufacturing.

Fuel

Of course, the increased cost of labor and labor shortage is not the only problem that those with products to move are having. Diesel fuel is also getting more expensive, and even though there has been a slight shift towards making trucks more fuel-efficient, the fact is that they spend so many hours on the road at one time that it is unlikely that trucks will make any significant reduction in the amount of fuel that you in the near future. For major shippers like Amazon, this has more impact than it does for smaller shippers, but Amazon is feeling it as well.

The Junction LLC

As a leader in the transportation industry, we demand excellence from our entire team. Our team at The Junction LLC strives to deliver the best possible customer service and is driven by a desire to solve our customer’s toughest transportation and supply chain needs.

Our team is dedicated to serving our customers and will take the necessary action to deliver our customers’ products safely, efficiently, and on-time. This is our promise to you!

Additional Services:

• Our sister companies can also provide warehousing in our food grade facilities, cross-docking, and contract warehousing.

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