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Lanes of the Day
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Zach Strickland - Head of Freight Intelligence - FreightWaves
Tony Mulvey - Research Associate - FreightWaves
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Tony Mulvey - Research Associate - FreightWaves
Zach Strickland - Head of Freight Intelligence - FreightWaves
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Matthew Leffler - The Armchair Attorney - Chicago, IL
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Average diesel fuel prices have fallen to $4.44 as rack prices hold steady
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Thomas Wasson - Enterprise Trucking Expert - FreightWaves
-lower freight volumes = more gaps and spot loads
- more spot loads = lower volumes and pricing pressure
- pricing teams now are looking for more customers at lower contract rates
- those contract customers are also shopping around, putting overflow on spot
- carrier is hit with double wammy of lower contract volumes and bidding on same loads via spot
- cycle continues until spot rates stabilize or owner ops outta market
- circle of life
LNR interview with Guru Rao founder and CEO of nuVizz
- How can sustainable practices in the final mile delivery process help reduce costs for businesses while also benefiting the environment?
- why is it so hard to find the scope of your scope 3
- Shippers really want to know, but finding and sharing info is hard
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OTLT has been extended to 3 days, but spot rates are still on the decline
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OTVI peaks just above 10,400.00 index points
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