According to this report, spot markets are down in price, and will not return to a playing field level until the supply chain industry is “purged” of newer, higher-paying trucking companies.
In our line of work, we have seen an increase in the number of new companies calling, however, we have not seen this sudden decrease in rates on the spot. If anything we have seen increased rates due to the extreme price of fuel, the excessive price of equipment (trucks and trailers), and the sheer amount of volume in certain areas.
If smaller, newer trucking companies are going to be purged, it will not be due to the lower rate/mile or the looming economic recession, it will be due to the excessive hike in prices at the pump and at the dealerships.
-Doug Mckernan, Carrier Sales Specialist
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