Welcome to the Amazon jungle, truckers
Truckload carriers have something to look forward to in the near term but, in looking a little further down the road, a leading industry analyst tosses around terms like “decimate,” “destroy,” “profound impact,” “seismic changes,” and, the kicker, “the whole world is going to turn upside down.”
First some good news from Thom Albrecht, a long-time Wall Street analyst who is now president of Sword & Sea Transport Advisors, a transportation consulting firm. Speaking at the Transplace Shipper Symposium here this week, Albrecht forecast the excess truckload capacity that started building in 2015 should have run its course by early fall.
Read more here.