q1

WTI’s recovery this quarter should accelerate production in the Permian Basin, driving further truckload demand.

Green shoots: reefer capacity is tightening in south Florida, south Texas, and southern California.

Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.

A healthy month-end volume uptick hasn’t tightened capacity, allowing brokers to stay in their happy place.