Supply chain faces speed bumps in 2020
My favorite quote from The Irishman is when legendary Teamster boss Jimmy Hoffa, played by Al Pacino, bellows to a group of truck drivers at an organizing meeting, “If you got it, a truck brought it!” Ironically, until I watched the trucking/mob flick over the holidays, I thought that iconic saying was a trucking association tagline. The quote also speaks to the realities of being a trucker.
U.S. freight market will continue to improve: FTR
BLOOMINGTON, IN - FTR remains confident in this year's freight market, despite a March drop in its Trucking Conditions Index (TCI) that measures freight volumes, rates, capacity, fleet bankruptcies, fuel prices and financing. Spot rates are improving, and that indicates a market-wide move to tighter capacity, the analysts add.