Trucking companies have several fixed expenses to attend to. These expenses prevent spot rates from falling too low; trucking companies need to bring in enough money to keep the lights on.
Prime among these expenses are equipment maintenance, driver salaries and fuel. In this video, you'll learn more about each of these costs and why they make an impression on the freight rates you pay.
Read the full article here: How Low Can Freight Rates Realistically Go? (6 Factors That Set the Floor on Rates)
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