Main takeaways from the TIA Conference. Plus, TQL expands into Freight Alley, the impact of the Baltimore bridge collapse on OTR freight, and Transport Topics names the Top 100 largest logistics companies of 2024.
The TIA 2024 Conference has ended, and we're recapping some of our favorite moments, ideas, and trends from the freight tech and brokerage industries.
Amazon leads the 2024 Top 100 Logistics Companies with $140 billion in revenue. Industry sees major shifts with mergers, acquisitions, and closures.
In the wake of a three-year pause on student loan repayments, a staggering 25 million Americans, who contribute significantly to the goods economy, are bracing for the reinstatement of an average monthly payment of $393 starting Q3. This looming financial obligation is expected to significantly curtail consumer spending, particularly in the physical goods sector, posing a substantial risk to the overall economy.
This is the biggest risk currently in the goods economy.
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) May 29, 2023
Student debt is the 2nd largest form of consumer debt in the US. 25M Americans were able to pause their $393 avg. payment/mo for the past 3 yrs. It resumes in Q3.
It is going to take consumer spending with it. This demo… https://t.co/C5ImwJq2m2
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
This insightful glimpse into the world of contract versus spot freight markets is contributed by Ruslan Shamanov, the Founder & CEO of Kavkaz Express, LLC.
Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
The South is transforming into the US's new industrial heartland, with investments pouring into sectors such as EV battery production.
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