ILMA Compoundings July 2018 - 22

Capacity options feel limited because of
driver shortages

recent years - a trend that is not expected to change, as this
mode is also feeling the effects of the competitive labor market.

All three areas - truckload, LTL and intermodal - are
competing for drivers right now. And they're not just
competing with each other - they're competing with jobs
outside the transportation industry.
Growth in other sectors that have a shared labor force
with truck drivers (e.g., construction, manufacturing and
oil fields) means that more truckload, LTL and dray drivers
are leaving for options that pay as well or better and offer a
higher quality of life.
LTL capacity is further limited because carriers have not
added a significant amount of equipment to their LTL fleets in

Carriers are making strategic choices about
freight acceptance
More isn't necessarily better anymore. In recent months,
we've seen a large number of truckload and LTL carriers
attempt to rebalance their portfolios to increase the yield
of their fleet. A well-balanced portfolio helps carriers with
profitability, increases productivity (revenue-generating
miles and hours) and appeals to drivers.
With data, analytics and tools such as dimensionalizers
available to them, carriers are paying more attention to
accepting the right freight in the right lanes at the right

LTL Supply and Demand Shifts Since 2010
LTL Tonnage vs. LTL Truck Capacity

22

JULY 2018

| COMPOUNDINGS | ILMA.ORG


http://www.ILMA.ORG

ILMA Compoundings July 2018

Table of Contents for the Digital Edition of ILMA Compoundings July 2018

LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
HIGHER RATES, TIGHTER CAPACITY
BEARING FRUIT IN THE FOOD-GRADE LUBRICANTS MARKET
ACHIEVING PEAK PERFORMANCE
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings July 2018 - Cover1
ILMA Compoundings July 2018 - Cover2
ILMA Compoundings July 2018 - 1
ILMA Compoundings July 2018 - 2
ILMA Compoundings July 2018 - LETTER FROM THE CEO
ILMA Compoundings July 2018 - INSIDE ILMA
ILMA Compoundings July 2018 - 5
ILMA Compoundings July 2018 - 6
ILMA Compoundings July 2018 - 7
ILMA Compoundings July 2018 - 8
ILMA Compoundings July 2018 - 9
ILMA Compoundings July 2018 - WHAT’S COMING UP
ILMA Compoundings July 2018 - 11
ILMA Compoundings July 2018 - INDUSTRY RUNDOWN
ILMA Compoundings July 2018 - 13
ILMA Compoundings July 2018 - 14
ILMA Compoundings July 2018 - In the Know
ILMA Compoundings July 2018 - International Insight
ILMA Compoundings July 2018 - 17
ILMA Compoundings July 2018 - Market Report
ILMA Compoundings July 2018 - 19
ILMA Compoundings July 2018 - HIGHER RATES, TIGHTER CAPACITY
ILMA Compoundings July 2018 - 21
ILMA Compoundings July 2018 - 22
ILMA Compoundings July 2018 - 23
ILMA Compoundings July 2018 - 24
ILMA Compoundings July 2018 - 25
ILMA Compoundings July 2018 - 26
ILMA Compoundings July 2018 - 27
ILMA Compoundings July 2018 - BEARING FRUIT IN THE FOOD-GRADE LUBRICANTS MARKET
ILMA Compoundings July 2018 - 29
ILMA Compoundings July 2018 - 30
ILMA Compoundings July 2018 - 31
ILMA Compoundings July 2018 - 32
ILMA Compoundings July 2018 - 33
ILMA Compoundings July 2018 - ACHIEVING PEAK PERFORMANCE
ILMA Compoundings July 2018 - 35
ILMA Compoundings July 2018 - 36
ILMA Compoundings July 2018 - 37
ILMA Compoundings July 2018 - BUSINESS HUB
ILMA Compoundings July 2018 - 39
ILMA Compoundings July 2018 - COUNSEL COMPOUND
ILMA Compoundings July 2018 - 41
ILMA Compoundings July 2018 - 42
ILMA Compoundings July 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings July 2018 - Member Connections
ILMA Compoundings July 2018 - 45
ILMA Compoundings July 2018 - Cross Connections
ILMA Compoundings July 2018 - 47
ILMA Compoundings July 2018 - PORTRAIT
ILMA Compoundings July 2018 - Cover3
ILMA Compoundings July 2018 - Cover4
https://www.nxtbook.com/ygsreprints/ILMA/G127535ILMA_vol71_no7
https://www.nxtbook.com/ygsreprints/ILMA/G126213ILMA_vol71_no6
https://www.nxtbook.com/ygsreprints/ILMA/G125546_ILMA_vol71_no5
https://www.nxtbook.com/ygsreprints/ILMA/G124996_ILMA_vol71_no4
https://www.nxtbook.com/ygsreprints/ILMA/G123886_ILMA_vol71_no3
https://www.nxtbook.com/ygsreprints/ILMA/G123315_ILMA_vol71_no2
https://www.nxtbook.com/ygsreprints/ILMA/G122980_ILMA_vol71_no1
https://www.nxtbook.com/ygsreprints/ILMA/G121540_ILMA_vol70_no11
https://www.nxtbook.com/ygsreprints/ILMA/G120882_ILMA_vol70_no10
https://www.nxtbook.com/ygsreprints/ILMA/G120035_ILMA_vol70_no9
https://www.nxtbook.com/ygsreprints/ILMA/G121XXX_ILMA_vol70_no8
https://www.nxtbook.com/ygsreprints/ILMA/G120XXX_ILMA_vol70_no7
https://www.nxtbook.com/ygsreprints/ILMA/G119XXX_ILMA_vol70_no6
https://www.nxtbook.com/ygsreprints/ILMA/G118112_ILMA_vol70_no5
https://www.nxtbook.com/ygsreprints/ILMA/G117382_ILMA_vol70_no4
https://www.nxtbook.com/ygsreprints/ILMA/G116888_ILMA_vol70_no3
https://www.nxtbook.com/ygsreprints/ILMA/G115555_ILMA_vol70_no2
https://www.nxtbook.com/ygsreprints/ILMA/G114774_ILMA_vol70_no1
https://www.nxtbook.com/ygsreprints/ILMA/g110500_ILMA_vol69_no12
https://www.nxtbook.com/ygsreprints/ILMA/g110500_ILMA_vol69_no11
https://www.nxtbook.com/ygsreprints/ILMA/g110500_ILMA_vol69_no10
https://www.nxtbook.com/ygsreprints/ILMA/g109884_ILMA_vol69_no9
https://www.nxtbook.com/ygsreprints/ILMA/g109284_ILMA_vol69_no8
https://www.nxtbook.com/ygsreprints/ILMA/g108494_ILMA_vol69_no7
https://www.nxtbook.com/ygsreprints/ILMA/g107507_ILMA_vol69_no6
https://www.nxtbook.com/ygsreprints/ILMA/g106483_ILMA_vol69_no5
https://www.nxtbook.com/ygsreprints/ILMA/g105803_ILMA_vol69_no4
https://www.nxtbook.com/ygsreprints/ILMA/g104743_ILMA_vol69_no3
https://www.nxtbook.com/ygsreprints/ILMA/g103647_ILMA_vol69_no2
https://www.nxtbook.com/ygsreprints/ILMA/g102869_ILMA_vol69_no1
https://www.nxtbook.com/ygsreprints/ILMA/g101930_ILMA_vol68_no12
https://www.nxtbook.com/ygsreprints/ILMA/g100836_ILMA_vol68_no11
https://www.nxtbook.com/ygsreprints/ILMA/g99200_ILMA_vol68_no10
https://www.nxtbook.com/ygsreprints/ILMA/g98468_ILMA_vol68_no9
https://www.nxtbook.com/ygsreprints/ILMA/g97711_ILMA_vol68_no8
https://www.nxtbook.com/ygsreprints/ILMA/G96767ILMA_vol68_no7
https://www.nxtbook.com/ygsreprints/ILMA/G95397ILMA_vol65_no6
https://www.nxtbook.com/ygsreprints/ILMA/G94323ILMA_vol68_no5
https://www.nxtbook.com/ygsreprints/ILMA/G93127_ILMA_vol69_no4
https://www.nxtbook.com/ygsreprints/ILMA/G91785_ILMA_vol68_no3
https://www.nxtbook.com/ygsreprints/ILMA/G90956_ILMA_vol68_no2
https://www.nxtbook.com/ygsreprints/ILMA/G89146_ILMA_vol68_no1
https://www.nxtbook.com/ygsreprints/ILMA/G87981_ILMA_vol67_no12
https://www.nxtbook.com/ygsreprints/ILMA/G85409_ILMA_vol67_no11
https://www.nxtbook.com/ygsreprints/ILMA/G83595_ILMA_vol67_no10
https://www.nxtbook.com/ygsreprints/ILMA/G81672_ILMA_vol67_no9
https://www.nxtbook.com/ygsreprints/ILMA/G80238_ILMA_vol7_no8
https://www.nxtbook.com/ygsreprints/ILMA/G79388_ILMA_vol7_no7
https://www.nxtbook.com/ygsreprints/ILMA/G78361_ILMA_vol7_no6
https://www.nxtbook.com/ygsreprints/ILMA/G77448_ILMA_vol7_no5
https://www.nxtbook.com/ygsreprints/ILMA/G75899_ILMA_vol67_no4
https://www.nxtbook.com/ygsreprints/ILMA/G75036_ILMA_vol67_no3
https://www.nxtbook.com/ygsreprints/ILMA/G72720_ILMA_vol67_no2
https://www.nxtbook.com/ygsreprints/ILMA/G72220_ILMA_vol67_no1
https://www.nxtbook.com/ygsreprints/ILMA/G70970_ILMA_vol66_no12
https://www.nxtbook.com/ygsreprints/ILMA/G69813_ILMA_vol66_no11
https://www.nxtbook.com/ygsreprints/ILMA/G67522_ILMA_vol66_no10
https://www.nxtbook.com/ygsreprints/ILMA/G66343_ILMA_vol66_no9
https://www.nxtbook.com/ygsreprints/ILMA/G64859_ILMA_vol66_no8
https://www.nxtbookmedia.com