Companies that depend on freight transportation to fulfill core business functions could report disappointing quarterly results due to staggeringly high transportation costs. This could be the case for manufacturers of food and consumer packaged goods, according to one insider with a bird’s-eye view of the industry.
Anshu Prasad, co-founder and CEO of Leaf Logistics, a New York City-based startup specializing in the forward contracting of freight, detailed that thesis in an interview with...
https://s29755.pcdn.co/news/high-costs-straining-transportation-budgets