1347. #TFCP - Navigating Soft Freight, Rates & Risky Carriers: Broker Reality!
Description
In this episode, we'll break down the hottest trends in the freight market right now, from seasonal capacity crunches driving reefer rates to two-year highs, to why brokers and carriers must price based on regional market conditions instead of guessing in the spot market!
Dive in today to know why tender rejection rates need context, how historical freight data helps avoid false market optimism, what the proposed ROUTE Act could mean for expanding the future truck driver pipeline without compromising safety, the FMCSA's ongoing chameleon carrier problem, and why better enforcement and insurance accountability matter for industry safety!
Resources / References
- https://www.overdriveonline.com/regulations/article/15774069/new-bill-would-allow-under21-truck-drivers-to-cross-state-lines-with-limitations
- https://www.freightwaves.com/news/has-fmcsas-decade-old-chameleon-carrier-system-been-running-on-autopilot
- https://www.overdriveonline.com/business/article/15774033/trucking-markets-sluggish-even-amid-seasonal-spikes-capacity-hits
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