Hang on, why are freight prices so crazy?
There are a few things we need to consider.
For starters, the economy is getting stronger, meaning manufacturers are shipping more and taking up trucks (and loading docks). Good for some, but bad for others. Let’s not forget the extreme weather we had in 2017-2018, making trucks really hard to come by. Lastly, a new federal safety rule was launched back in December that now requires truckers to track their hours with electronic devices- remember time matters.
The bottom line, industries all over the country are feeling the impact, including printing. Customers need to be aware that freight prices will be affected and these are just a few reasons why.
*NMG Corporation will continue to do its best by setting realistic expectations for our customers when it comes to freight and we encourage others to do the same.
To read the full article by the Wall Street Journal, please click on the link below.