The second quarter was relatively strong for freight brokerages, both pure plays like C.H. Robinson and those within larger transportation companies like J.B. Hunt’s Integrated Capacity Solutions (ICS). As the freight market softened throughout the quarter, brokerages were largely able to expand margins as expected during the beginning of a down cycle.
FreightWaves’ head of research and communities Kevin Hill and senior analyst Tony Mulvey highlight below why freight brokerages were able to expand their margins in Q2 on this week’s edition of the Research Corner.
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