Transport Topics: Spot Rates Show Signs of Stabilizing as Economy Slides Into Recession
Research from companies that track trucking data suggests that while the spot rate market amid the COVID-19 crisis may be settling, the long-term effects of this steadying could be good for the industry.
Commercial Carrier Journal: Death of a salesman: New tech, data sources speed rate negotiations
New pricing tools and data sources are helping freight brokers and carriers negotiate rates for spot and contract freight using predictive intelligence.
WSJ: Coronavirus Upends Trucking Networks, With Heavy One-Way Flows
The coronavirus pandemic is whipsawing the trucking industry, as retailers clamor for delivery of food and household staples while lockdowns aimed at curbing contagion shut other businesses, leaving rigs empty on the return trip.