Ep 27: Where is the Trucking Industry Headed? Convoy Shut Down & Freight Broker Bubble Bursting

Ep 27: Where is the Trucking Industry Headed? Convoy Shut Down & Freight Broker Bubble Bursting

Convoy is closing its doors, and freight brokers are struggling to keep their business going just like carriers are. So the question is, what will happen with the freight market and in the trucking industry in the future considering the current freight recession?

Ep 26:Trucking Market Update & Forecast (Oct 12): What’s Happening in the Freight Market? Plus A Pep-Talk

Freight market is continuing to be stagnant, as are load volumes and load rates.

Ep 25: Trucking Market Update: What’s Up in October 2023? Carriers Lost, Freight Volumes, and Spot Market

We will be looking at what is going on with diesel prices, how many carriers net left so far this year up to this point, what is happening with freight volumes and rejections for dry vans, reefers and flatbeds, and then we will compare todays market to the past 5 years and will have a clear picture of why we are facing what we are facing on the spot market.

Ep 24: Trucking Market Update & Forecast (Oct 5): Volumes Just Crashed, Is The UWA Strike The Reason?

Freight volumes crashed this week which was unexpected. It is possible that it has to do with the United Auto Workers (UAW) strike. Tender rejections however are experiencing a sharp increase which is surprising. Diesel prices are slowly decreasing. Lets talk about how all of this affects the spot market rates and spot volumes for Flatbeds, Reefers and Dry Vans, and where the best markets are next week if you want to get better loads.

Ep 23: Freight Market in Q4 2023: Freight Volumes Are Not The Issue, But Truck Capacity Is. Now What?

Capacity is the culprit of our situation with the rates today. So let's chat about how it can change, what historical data shows, and what we can expect next.