Hey there, friends! It's your podcast pal Kaylee Nix, and I just wrapped up a fantastic Thursday chat with Thomas Wasson. We dived into the world of trucking, where earnings season is in full swing and Werner's big Q4 miss has them doubling down on expedited services. Thomas shared some wisdom from Werner's strategy to grow more dedicated routes—it's like they're saying, 'We're sticking with you through thick and thin!' We also peeked into the Logistics Manager's Index, which is looking pretty sunny with transportation metrics expanding for the first time since 2019. And, get this, even though we're only halfway through Q1 of 2024, there's a buzz that the market might be on the upswing. Thomas gave us a heads up on the Federal Reserve's moves and how they could spark more optimism and truckload movements. Plus, we touched on insurance insights with Steven Ritzler from Cover Wallet. All in all, it was an episode packed with the nitty-gritty of trucking and a splash of hopeful outlooks. Can't wait to share more next week!
Carrier Update - Lanes of the Day
Round Table - If you’ve survived to now, will you survive the recession?
Research Corner - Impacts of the Red Sea conflict on ocean shipping
What have gulf coast and Atlantic coast ports experienced with changes in canal use?
Carrier Update - Southeast, lots of freight volumes, cheap rates
Check Call: Looking at health and wellness in the workplace
Carrier Update - FreightWaves' NTID pushes back up to $2.30 yesterday as carrier push rates back up
The final fuel prices update for 2023
Carrier Update - Dry van rejection rates increase to 4.05%
Top Story - Is it likely we’ll see another “everything shortage?”
Carrier Update - Lanes of the Day
Round Table - The state of freight in Washington headed into an election year
Heads or Tails - Jobs and the housing markets
Environmental groups sue BNSF over grizzly bear deaths
Carrier Update - Reefer rejection rates rise in the Joliet market as capacity tightens
The Stockout stories of the year
Carrier Update - Retail diesel fuel declines, but wholesale prices increased
The year in shipping: how the world has changed
Carrier Update - Contract freight volumes decline over the weekend
Top Story - Mexico announces 7% increase in cargo thefts in Q3
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