AFS Logistics, a 3PL provider, and Cowen Research released the January 2022 Cowen/AFS Freight Index, a quarterly performance snapshot with predictive pricing tools for multiple sectors within the freight industry. Overall, the combination of record high general rate increases (GRIs) announced by the parcel carriers and most LTL carriers in the fall of 2021, along with ongoing strong pricing power for Truckload, is expected to send transportation costs to record levels in Q1 of 2022.
