‘State of Freight’ for April: Overcapacity, weak spot rates


Source: freightwaves.com freightwaves.com

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FreightWaves CEO and founder Craig Fuller described the rest-of-the-year outlook for the freight environment as “uncertain” during Thursday’s “State of Freight” webinar for April. “I have heard a lot of arguments about folks that are bullish about the state of freight,” Fuller said. “I have yet to find a piece of data that actually suggests that there is an argument made for being bullish.” The panel also featured FreightWaves market expert Zach Strickland and Adam Josephson, senior vertical expert. Here are five takeaways from the April webinar: OTVI shows truckload volume is flat Fuller said the current data from FreightWaves’...