In the latest episode of "The Freight Caviar Podcast", we sit down with Andy Hedrick, CEO of Green Path Tech. He shares insights on how your business can be more sustainable, and talks about their fuel-saving technology.
We're bringing you Arrive Logistics' Q1 2024 freight rate forecast, detailing spot and contract rates for dry van and reefer, with insights on market trends and turnaround expectations.
Spot Rates & Market Turnaround: Expect spot rates to inch up as 2024 rolls on, with a reset happening amid seasonal swings. The magic moment when contract rates hit their low point could be around Q2 or Q3, signaling a potential market uplift.
Key Metrics:
It went from all legacy to all spot; instantaneously! Drove spot rates way up in that mkt!! A legacy fleet can tell a contract “no capacity “ but a shipper can tell a contract “no freight this week.” LOL. It’s just smart business. Capitalism at its finest.
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Freight markets show slow recovery signs, but challenges persist. Dive into the latest tonnage, load-to-truck ratios, and order data shaping the trucking industry.
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