Staying ahead of LTL industry shifts
With an extended period of economic uncertainty, recent tariff changes and upcoming NMFC changes, companies with LTL shipments may be wondering what steps (if any) they should take next. Let’s break down what these updates mean for your business and how you can stay prepared.
Key changes to watch
Several significant developments could impact strategies. Staying informed about these changes can help your business plan effectively.
Upcoming NMFC changes
The National Motor Freight Classification (NMFC) system is set to undergo updates this summer that will impact how certain commodities are classified — and ultimately how they are priced. To prepare for this change, you can work with your carrier to review current freight classifications and evaluate any impacts on your pricing.
Uncertainty around cross-border volumes
Ongoing discussions about tariffs and trade policies are creating uncertainty for businesses shipping across the U.S.-Mexico and U.S.-Canada borders. Potential tariff adjustments could impact freight volumes in key markets, especially for industries that rely on cross-border trade.
Closely monitoring these developments and working with carriers that offer flexible solutions can help you manage shifting demand and capacity challenges.
LTL carrier investments
Many LTL carriers are investing in their trucks, drivers, facilities and technology offerings to help meet expected demand. These investments aim to improve service, expand coverage and enhance overall efficiency. Understanding these investments can help you make informed decisions when selecting carriers and planning your shipments.
We’re here to help refine your strategy
With the LTL industry trending toward growth and major changes on the horizon, now is the time to evaluate your current strategy. By staying proactive, your business can navigate these shifts with confidence and will be positioned for success in a changing market.
With more than 100 years of LTL shipping experience, ArcBest can help you manage your shipments effectively. Reach out today to see how we can help.
