Kaylee Nix and Michael Vincent look at the latest updates on company mergers and container ship problems on this episode of Midday Market Update.
Agent-based MODE will add a growthy in-house operation.
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
Capacity has returned to freight markets and spot rates are falling against “contract.”
We checked in with executives from Edge Logistics, Avenger Logistics, and Convoy to see how brokers are handling YOY volume growth.
We spoke to brokers from Avenger, Axle, LYNC, Redwood, MoLo, and K & L about their hopes and fears for January freight.
We spoke to executives from Trident, Avenger, Redwood, and Echo about the challenges and opportunities of the Memphis freight market, long dominated by asset-based carriers.
Brokers at Arrive, Trident, and Avenger told us that capacity is flowing into Southeast markets, pushing down rates in that region, while the PNW and Midwest have tightened up significantly.
Founded in 2015, Avenger Logistics is growing so fast that, according to their estimates, they’ll crack Inc. 5000’s 2019 top ten in their first year of eligibility.
