Mr. Craig Fuller, CEO at FreightWaves, is not only pontificating the next freight rate recession, but likes to reiterate his past predictions, and the accuracy of those predictions. I believe his analysis has some credibility, but it does not point to a freight recession.
He states in his April 1 post “About that driver shortage” that there has been a large decline of the rejection rate over the past six to seven weeks, I agree. He feels the load-to-truck ratios are starting to decline in the...
https://www.freightwaves.com/news/viewpoint-as-i-see-it-from-the-trucking-activist-freight-recession