Capacity has been a bit easier to come by in the early months of 2023. As such, shippers are getting loads on the move more quickly than just a year ago. When it comes to North American bulk transport, however, there’s a little more to the story than meets the eye. In this article, we’ll look at the current state of bulk freight capacity in North America and tell you what you need to do to secure it.
The simple answer is yes, it has loosened – especially when compared to the last few years.
Return loads are beneficial to nearly every bulk supply chain stakeholder. Let’s say a manufacturer is shipping a load from Fresno, CA to Chicago. If the manufacturer has no load going back from Chicago, the truck then has to return to Fresno empty. However, if another shipper is looking for a Chicago-to-Fresno load, then everyone wins: the shipper gets capacity in a timely manner; the carrier is putting its equipment to use; and the truck driver isn’t wasting hours of service by driving ‘empty.’
While the lack of return load opportunities doesn’t mean that there’s a capacity crunch, it does mean that capacity isn’t quite flourishing as it would be with more trucks on the road.
And, of course, we still have a driver shortage that is more acutely felt within the specialized world of bulk transportation.
While the severe carrier’s market of the past few years has reverted back to the middle to some degree, our recommendation as a North American bulk freight broker is to keep a carrier-friendly mindset in 2023. By doing so, you’ll not only secure the capacity you need more easily, you will – just as importantly – forge closer relationships with your carrier and freight broker partners. These relationships can pay serious dividends the next time that capacity tightens.
The following are some of our keys to becoming a shipper of choice for North American bulk transport. For a more comprehensive list, check out our article, 10 Ways to Become a Shipper of Choice for Bulk Freight.
No matter what the capacity landscape looks like at the moment, Bulk Connection can be a true asset to your North American bulk transport operations. When capacity is tight, you have the ability to lean on our network of bulk freight carriers – one of the largest networks in North America. And, when capacity loosens as it currently has, we can help you find competitive rates for quality service. We always match your distinct product needs with the equipment and capabilities of our fully-vetted carrier network. To learn more about getting your bulk loads on the move, contact Bulk Connection today.