2022’s deflationary market conditions gave shippers more flexibility and service options
Despite favorable market conditions for shippers, nearly half of the truckloads shipped in 2022 were partially empty — wasting capacity and costing money, time, and fuel.
This report with Drive Research explores how freight market conditions evolved year-over-year, what supply chain inefficiencies arose, and why shippers continue to be impacted.
Shippers paid $1,988 on average for each damaged & late LTL shipment in 2022.
Although market conditions fluctuate year-over-year (YoY), shippers are still experiencing the same inefficiencies in a deflationary market as they were in an inflationary one. In fact, 10x the amount of shippers reported experiencing negative effects of OTIF regulations in 2022 than they did in 2021.