As the long awaited recovery in the trucking sector remains mired in contraction, large US carriers are shifting a growing portion of their fleets to dedicated work.
Meanwhile, in Canada, Walmart rewrote the playbook with the sale of its trucking unit to Canadian Cartage.
The trend to more dedicated capacity arrangements has been building for some time, said Satish Jindel, president of ShipMatrix and SJ Consulting, pointing out that the push has come from both sides.
It translates into less headache for shippers on costs and volatility, while carriers trade-in the (currently remote) possibility of higher returns for certainty and predictability of volumes, he explained.
