摘要: |
By the start of 2023, the trucking industry had reported price cuts in seven out of the past eight months. And yet the 12-month inflation rate still stood at 18.5%. Only one year ago, the inflation rate was four points lower, and two years ago the inflation rate sat at negative 0.2%. Meanwhile, despite a steep 50% climb in fuel costs, our cost model estimates operating costs for the industry increased only 15%. The price/cost divergence implies that the average trucking company saw operating costs (per $100 of market-valued services) fall by $3.50. That means many logistics managers may now have some leverage when using cost analysis to fight more price hikes. |