Many carriers still not seeing adequate rates of return, nor any relief in their ability to renegotiate accessorial charges, according to the 2nd quarter industry survey by Transport Capital Partners.
UPS Freight, ABF Increase Rates 5.9%
UPS Freight and ABF announced separately that they will revise their general rates and charges. A general rate increase of 5.9% was announced for non-contractual shipments in the United States, Canada and Mexico. ABF stated that the effect on specific lanes and shipments will vary.