Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
As we try to paint a clearer picture of the current freight market and its future direction, it's helpful to seek out conversations among industry experts.
Professionals are eyeing the imbalance between the high number of tractors battling for a lower volume of freight. While tractor counts remain elevated, signaling a surplus in carrying capacity, market watchers are debating the accuracy and timeliness of these figures, sourced from FMCSA data, which is updated monthly but only required biennially.
Amidst this, Morgan Stanley's TLQURE model forecasts an increase in spot rates to $1.88 in 6 months and $2.28 in 12 months. Founder and President of linehaul.ai labels the rate predictions as "aggressive," hinting at a market on the brink of change.
The logistics community agrees on one point: the need for an equilibrium shift. This could come from a market shakeout, reducing the surplus capacity, or an economic upswing to boost freight demand.
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.
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Keep up with the freight broker world in 5 minutes.
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