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For shippers, deciding whether to diversify or consolidate the number of truckload carriers they work with is a critical part of their overall supply chain strategy. However, there isn’t a one-size-fits-all solution, and the best approach depends on various factors.
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The trucking industry has experienced significant challenges over the past few years, and truckload carriers have been operating in an environment with volatile freight rates, an ongoing driver shortage and increased costs. These challenges have placed financial pressure on many in the industry, making it essential for shippers to assess the financial health of the carriers they trust with their freight.

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