Less-than-truckload base rates are moving up by mid-single-digit percentages, but fuel prices and surcharges can more than double the amount shippers pay.
Last week’s $604 million advisory verdict from a Dallas County jury isn’t final and will be appealed if approved, but liability is becoming a bigger issue for freight brokers.
Major carriers on the trade lane have notified customers of spot rate increases in excess of $1,000 per FEU effective Aug. 1, with forwarders saying the hikes could stick.
