Whether or not the market is in a downturn depends on whom you ask, but one thing’s for sure: Increasing capacity isn’t easy. With fuel costs remaining high, and with equipment and workforce shortages, fleets are having to reassess their strategies.
“The cost to increase capacity is extremely high,” said Matt Harris, senior vice president of sales at PowerFleet, explaining that demand and capacity volatility pose serious challenges.
When a downturn seems imminent, private fleets and truckload...
https://www.freightwaves.com/news/weathering-downturns-with-real-time-visibility