There’s no debate that the freight industry is hurting right now, but it’s not because volume is low. We have an oversupply of trucks. The post Two charts explain why we’re in a freight recession appeared first on FreightWaves.
Texas-based Arrive Logistics recently added an office in Toronto to service its growing Canadian customer base. The post Arrive Logistics expands freight brokerage operation into Canada appeared first on FreightWaves.
The perpetual truck driver shortage is not real freightwaves.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freightwaves.com Daily Mail and Mail on Sunday newspapers.
There's no perpetual, industry-wide truck driver shortage. The market quickly corrects any shortage of labor. The post The perpetual truck driver shortage is not real appeared first on FreightWaves.
(FREIGHTWAVES) – Freight market conditions are improving. Let’s start with the FreightWaves SONAR Outbound Tender Rejection Index (OTRI). This measures the percentage of truckloads that are turned down by trucking firms in the market. It’s an anonymized measurement of midsize to large truckload carriers’ willingness to accept the loads that are offered. OTRI is the…