FreightWaves Today

Fear and loathing on the operations floor

Mar 2, 2023 · 9 min
0:00-9:11

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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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