With the economic downturn, it is no secret that the transportation industry has been hit hard. This in turn presents a risky environment for the shippers whose businesses depend on those suffering transportation providers. The Journal of Commerce recently ran a story highlighting the risks that importers and exporters face when selecting a carrier. While it has always been important to try to find the best combination of cost and service when selecting a carrier, it is now becoming increasingly important to look at financial indicators and determine whether the shipping company is at risk for going bankrupt.
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