Reported 4 months ago
FreightWaves CEO Craig Fuller and Director of Market Intelligence Zach Strickland discussed the State of Freight at an event in Atlanta, highlighting connections between housing market and trucking. Fuller mentioned how housing crisis affects trucking capacity, debated the role of brokers in market share, predicted a possible trucking bankruptcy, noted a rise in Outbound Tender Rejection Index indicating market balance, and discussed how higher rates might be an inflation reaction due to increased costs. The live session focused on new insights, such as the impact of homelessness and the market responding to seasonal norms.
Source: YAHOO