How weather impacts trucking

To highlight the impact weather can have on trucking, and to highlight their new partnership, TransFX, which is seeking to offer trucking freight futures contracts, and Riskpulse, a supply chain risk analytics firm, have produced an infographic that provides a few surprising facts about weather-related delays.

Weather is said to be responsible for 23% of all truck delays and costs the industry up to $3.5 billion annually. Snow and ice are responsible for more than 50% of all weather-related delays and the cost of delays in severe situations such as hurricanes or blizzards due to lost capacity can be $100 million a day or more.

For more on the TransFX and Riskpulse partnership, read: TransFX taps Riskpulse weather data for futures contracts.

To see more interesting facts, scroll through the below infographic.