Originally published at: This New Bill Could Crash the Spot Market – Here’s What Small Carriers Need to Know - FreightWaves
(Photo: Jim Allen/FreightWaves) Why More Trucks Won’t Fix the Problem – And Could Actually Wreck the Spot Market A new bill just dropped in Washington – the Strengthening Supply Chains Through Truck Driver Incentives Act – and it’s being pitched as a solution to fix the “driver shortage,” unclog the supply chain and lower costs…
Freight rates are actually much lower than 2.2 why is nobody talking about it?
There is so much fake data. Small companies that rely on spot market are not profitable.
They haven’t been profitable since the COVID. They are squeezing money out of little guys who don’t want to leave the industry.
I’ve said this for 2 years.
The government says there is a driver shortage
The broker say the reason why freight rates are so lowest because there’s too many trucks
So who was lying and who was telling the truth