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Optimism is meeting reality in looking at what is driving signs of a freight market rebound
['Jeff Berman']
Logistics Management News
For the over-the-road market, rates and pricing have seen strong gains for a few months now.
That shift from a shippers’ market to a carriers’ market was a long time coming, no question.
That is a question for which, at least at the moment, there does not appear to be a clearcut answer.
“Instead, it's really the supply side tightness, the availability of drivers, and a changing regulatory environment that's removed some drivers from the market.”
Vise makes a great point, but that should not be interpreted as things are back to normal, not yet.