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Customers are telling J.B. Hunt it has been a shipper’s market for longer than any of them expected, but they expect change in the market soon, said Director of Intermodal Pricing Amy Horn.

Payment management aims to reduce expenses in the transportation industry, known for its low profit margins. Despite the challenge of finding cost-effective efficiencies, the core issue remains inadequate working capital. This webinar discusses the importance of managing payables and receivables effectively to address this fundamental need. 

Spending on truck freight services surged nearly 25% and freight shipments grew 12.6% in 2017 as the economy expanded and the trucking industry paid more to obtain capacity and on driver compensation, according to the U.S. Bank Freight Payment Index.

U.S. Bank said it has issued a new freight index that measures both shipping costs and shipping volumes.