The freight market is a lot like a pendulum, as FreightWaves CEO Craig Fuller described it last month. Just wait, and the market will eventually swing — be it for better or worse.
Loose market conditions over recent months have tested carriers’ resolve as greater capacity has given shippers more pricing power. During these conditions, contracts are especially important for carriers to ensure consistent freight and cash flow.
“The best, most agile companies can negotiate lucrative contracts with...
https://www.freightwaves.com/news/building-market-elasticity-through-tech-infrastructure