Let's quickly catch the trend of truck freight rates - Cost and Actual Freight Rate Edition.
Introducing where to obtain information about actual fares and how to make judgments.
In the previous article published on April 12, 2022, titled "Let's Quickly Catch the Trends in Truck Freight Rates [Labor Force Edition]," we introduced methods to capture trends related to factors affecting freight rates, such as the age composition of truck drivers, the number of employed drivers, the cargo movement index, the effective job openings ratio, and the new job openings ratio. In this sequel, titled [Cost and Actual Freight Rates Edition], we would like to discuss the two major costs that influence truck freight rates: the wages of truck drivers and the price of diesel fuel. We will also cover where to obtain information about actual freight rates and how to make informed judgments. *For more details on the blog, please refer to the related links. Feel free to contact us for further information.*
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