How quickly the market turns
Earnings season is upon us and executives of publicly traded transportation companies are providing their results from the first quarter. They are also providing updates on current market conditions and what they see ahead. The first major player to report earnings was J.B. Hunt, the largest domestic intermodal player in the industry. As expected, earnings […]
Why do carriers expect pricing momentum to continue into 2022?
Earnings season is here and the general theme across truckload carriers is carrying higher rate momentum into 2022. Carriers have benefited from increased freight rates across the board, but not every carrier experienced record revenue in the fourth quarter. Market conditions are still quite favorable for carriers, but driver retention and recruiting continue to be […]
