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Don’t Let Limited Truckload Capacity Threaten Growth

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Truckload capacity is at an all-time premium. This means that companies are struggling to retain the current rates they have, let alone add capacity as their businesses grow in the strong economic environment. The “shoe is on the other foot,” as they say, and truck owners are now in control of setting prices and taking their business elsewhere as they see fit. This leaves shippers in a difficult situation, they must either slow their pace of growth or source additional truckload rates.

According to the WSJ “More companies are pointing to rising freight costs as a drag on earnings and growth, as trucking companies raise rates.” In order to continue growing, companies need to source additional truckload rates to ensure they have capacity and are getting the best prices. The solution is technology. With the help of technology like Kuebix Community Load Match, spot quotes for truckload shipments can be easily found and booked.

Community Load Match is making it easier than ever for shippers to access a vast ecosystem of dedicated truckload carriers. Kuebix customers can now leverage a diverse community of brokers to supplement existing capacity with reliable alternatives. As capacity continues to shrink, it becomes more and more difficult to find and book spot rates for truckload shipments. The labor costs associated with calling brokers and carriers to book freight are high as well. Instead of calling and searching online for capacity, Kuebix is meeting the needs of its users by providing a single source to access a huge network of trucks that can provide attractive rates and a new, valuable source for truckload capacity. This saves time, reduces costs and gets freight shipped in an industry where truckload costs are rising, and assets are scarce.

The barrier to entry for Community Load Match is non-existent. The service is free to use for all Kuebix users, including Kuebix Free Shippers. Any user with truckload freight to ship simply enters the specifics of their shipment in Kuebix and posts it to Community Load Match. Within minutes, users begin receiving truckload rates and then can book and manage their shipments directly within the system. Shippers retain control of their operations by choosing the best provider for every truckload shipment. By increasing the available options, shippers are able to ensure all truckload moves are covered by the optimal carrier available.

Truckload capacity is growing more and more scarce, but finding the trucks which are available just got easier. Now, any size company with truckload freight to ship can find more capacity and get better pricing by posting their shipment to Kuebix Community Load Match.

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