
Sign up to save your podcasts
Or
PAM Transportation Services is well positioned for when the North American truckload rate cycle begins to turn, according to company President and CEO Joe Vitiritto. In this Talking Transports podcast episode, Vitiritto joins Bloomberg Intelligence Senior Transportation & Logistics Analyst Lee Klaskow to discuss the outlook for truckload rates and demand. The proliferation of brokers, private fleet growth and excess capacity at for-hire carriers have created slack capacity that has been slower to exit during this rate cycle, keeping rates lower for longer. Rates may gradually improve next year on demand growth and more higher-cost capacity leaving the market. Vitiritto also discusses how the company intends to grow organically and through acquisitions.
See omnystudio.com/listener for privacy information.
5
1313 ratings
PAM Transportation Services is well positioned for when the North American truckload rate cycle begins to turn, according to company President and CEO Joe Vitiritto. In this Talking Transports podcast episode, Vitiritto joins Bloomberg Intelligence Senior Transportation & Logistics Analyst Lee Klaskow to discuss the outlook for truckload rates and demand. The proliferation of brokers, private fleet growth and excess capacity at for-hire carriers have created slack capacity that has been slower to exit during this rate cycle, keeping rates lower for longer. Rates may gradually improve next year on demand growth and more higher-cost capacity leaving the market. Vitiritto also discusses how the company intends to grow organically and through acquisitions.
See omnystudio.com/listener for privacy information.
1,179 Listeners
2,162 Listeners
3,372 Listeners
348 Listeners
1,795 Listeners
1,932 Listeners
2,288 Listeners
28 Listeners
126 Listeners
1,543 Listeners
352 Listeners
26 Listeners
240 Listeners
71 Listeners
19 Listeners