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 - 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
Carrier Update - Spot rates are climbing out of Los Angeles and Chicago
Round Table - What should you do as a carrier if a brokerage you work with fails?
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Grace Sharkey and Jamie Fishman of Avalara
Carrier Update - Spot rates start to ease, carriers need to push back
Borderlands: Texas firm wants to keep returns out of landfills
Carrier Update - Freight volumes hold steady at nearly 12,000 index points
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