Episode 124 // Top Issues in Trucking: Maintaining Profitability
It’s the question on every carrier’s mind: “How do we stay profitable in such a challenging market?”
In today’s exchange, Dayton chats with Zack Hildebrand, one of our Business Analytics Managers. Zack explores the science of pricing freight, including three guiding principles for balanced, competitive pricing that serves both customer and carrier. Because ultimately, true profitability comes from consistent customer relationships built on service quality and mutual trust. He also shares Nussbaum’s “three-legged stool” approach to ensuring all stakeholders get a voice in the pricing decision.
In addition, learn how our Analytics team supports Nussbaum’s profitability through breakeven analysis, dedicated freight analysis, and monitoring market trends and forecasts. How do we know what type of market we’re in? What do tender rejections really tell us? What signals in the economy should we watch? These questions and answers are key to competitive pricing and staying financially sound.
Here’s a preview of today’s episode: