While global ocean shipping costs have significantly dropped from their pandemic-era highs, they remain elevated compared to pre-2020 levels, creating a challenging landscape for intermodal and trucking operations. As reported by FreightWaves (source), analysts suggest that a “new normal” for shipping rates is emerging, influenced by ongoing capacity expansions and shifting market dynamics.

Despite expectations of further rate declines due to increased vessel capacity, elevated costs continue to put pressure on supply chains. The lingering high prices affect logistics planning, requiring shippers to adapt quickly to mitigate financial strain and maintain operational efficiency.

PRIMO, a leader in logistics solutions, is helping North American shippers navigate these challenges. By leveraging its extensive carrier partnerships, proprietary logistics portal, and hands-on support, PRIMO enables businesses to respond swiftly to market fluctuations, reduce costs, and enhance supply chain resilience.