Morgan Stanley report touts positive signs but market ‘deeper into limbo’
A Q3 shipper survey by Morgan Stanley suggests the freight industry has moved “deeper into limbo” as completion of an excess inventory purge now leads to uncertainty as there is no immediate need to restock. One trend the report highlighted is how shippers are waiting on more consumer buying intentions before moving goods as excess transportation capacity remains abundant.
FreightWaves’ Todd...
To cone or not to cone? Autonomous vehicle makers ask the question
Trucking safety advocates are at odds with corporate-backed attempts at implementing a roadside safety exemption for autonomous trucks. For those unaware, current regulations require drivers to use three emergency reflective triangles, or at least six fusees or three liquid-burning road flares, if they stop on the road for reasons other than traffic.
FreightWaves’ John Gallagher noted earlier in...
Listen to the podcast to hear a breakdown of the survey here.
https://www.freightwaves.com/news/freight-sales-survey-last-dance-2