Freight brokers cautiously optimistic in the New Year, but there’s an ominous counterpoint
We spoke to brokers from Avenger, Axle, LYNC, Redwood, MoLo, and K & L about their hopes and fears for January freight.
We spoke to brokers from Avenger, Axle, LYNC, Redwood, MoLo, and K & L about their hopes and fears for January freight.
We spoke to Uber Freight Product Manager Stefan Sohlstrom and Convoy’s Chief Product Officer, Ziad Ismail, about last week’s releases and what increased transparency means for the brokerage industry.
Executives from MoLo, Steam, and Arrive gave insight into the complexity of West Coast freight market volatility, which goes beyond tariffs, and talked about how brokerages and shippers are responding.
FreightWaves CEO Craig Fuller, Chief Economist Ibrahiim Bayaan, and Senior Meteorologist Nick Austin discussed Hurricane Florence’s impact on freight, the general macroeconomic situation, and the upcoming IMO 2020 regulations on maritime fuel.
Hurricane Florence bears down on the Carolinas. Freight markets are reacting before the first rain drops have fallen.
Los Angeles volumes spiked just before Labor Day, but it doesn’t appear to be an artificial surge related to the holiday. In the next week we’ll start to see how the fall shipping season is shaping up.
Freight markets continued to cool last week, but have stalled for the moment. Isolated markets showed increased activity around the international borders. What we should be looking at moving forward as we move into August?
The freight markets continue to cool, but looking at the bigger picture provides perspective on what to expect moving forward.
Digital trucking apps have a hard road to gaining traction, while the freight markets are not phased by tariff talks, yet.
Freight rates have increased significantly in a short period of time over the past year. Aside from shipping volume increases and driver shortages, there is another less discussed factor at play.