FOR IMMEDIATE RELEASE
March 9, 2016
LANEAXIS RESEARCH SHOWS TOP CARRIERS OUTSOURCE NEARLY HALF OF FREIGHT SHIPMENTS
Many Shippers May Not Get Visibility They’re Paying Top Dollar For
SAN DIEGO, CA – A LaneAxis Virtual Freight Management study of the nation’s top 50 Carriers (as ranked by Transport Topics) revealed the 13 biggest public companies outsource an average of 42.29% of their freight shipments. This figure is based on the percentage of total revenue those carriers spent on “Purchased Transportation” – essentially subcontracted freight shipment services.
“Our findings are clear – many Shippers likely aren’t getting the visibility they think they are,” says Rick Burnett, LaneAxis CEO and Founder. “Large Shippers and Carriers may be able to manage their own fleets effectively, but with so much freight being outsourced to small Carriers with six trucks or less – which is 97% of the trucking industry – that’s a problem. There’s very little visibility into that network”