(I was supposed to release this on Monday, but this is important to hear right now. So Happy Saturday.)
Freight brokers going out of business might not have the effect that we all think. It doesn’t mean that these middlemen are gone and carriers and are going to face higher rates. It means that these freight brokers are going to be fighting for survival at the cost of carriers. The big factor that could speed up the correction process would be the exit of the overcapacity, but there are 3 possible reasons carriers are not leaving as fast as we thought they would.
References:
www.freightwav...
www.joc.com/ar...
www.joc.com/ar...
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Негізгі бет Trucking Will Get Worse Before It Gets Better: Market Correction, Another Broker In Trouble
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