Transport Prices Are Surging Again?!

Just when we thought shipping was chilling out, April saw transport prices jump way faster than capacity grew. Even though there’s more space on trucks and in warehouses, costs are still climbing—especially for retailers closer to consumers. Warehousing prices are also spiking because inventory is piling up and not moving. If you’re waiting for shipping rates to drop, don’t hold your breath. Looks like we’re in for a pricey summer! #SupplyChain #Logistics #Transportation #Warehousing #BusinessTrends