FreightWaves CEO and founder Craig Fuller and Head of Freight Market Intelligence Zach Strickland discussed global supply chain conditions in the latest “State of Freight” webinar.
The conversation came at a moment when supply chain participants are waiting to see whether the spring shipping season — which includes Florida and California produce — will be enough to heat up freight markets. In February, trucking spot rates were near the break-even point for many carriers, depending on their costs of equipment and capital, while capacity remained very loose and volumes were relatively flat.
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dan chidester
INDEPENDENT OPERATORS BE PATIENT BE SMART, RUN FOR THE MONEY ONLY. LET THE LEASED O-OPS RUN THEM SELVES BROKE, THERE IS NOT ENOUGH FREIGHT THAT PAYS ENOUGH FOR THE ONES THAT LEASED ON IN THE LAST YEAR. THERE JUST STARTING TO GIVE IT UP, ALONG WITH CARRIERS THAT THERE FINANCES ARE WEEK.