Just as Pat Riley trademarked the term “three-peat,” I’m considering trademarking “coin flip compliance.” That’s the state of the reefer market today with reefer carriers rejecting 50.3% of tendered loads, up from 40% in early February and up from 10% at this time last year. So, as concerning as tight transportation markets are for shippers that don’t need temperature controls, those that do are in far worse shape. That includes companies in food/beverage/cosmetics/pharma. In today’s The...
https://s29755.pcdn.co/news/coin-flip-compliance-—-reefer-carriers-are-rejecting-half-of-tenders