Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom. “We’ve still got a lot more capacity in the spot market than we do loads,” ...
'Spot Rates Decelerating Into July 4 Is Not a Good Sign for Carriers for Rest of Year,' Says DAT's Croke “I think it’s definitely bottomed out, there’s no question,” said Dean Croke, principal analyst ...
For owner-operators and fleets looking for some news to lend a little hope for the near-term future, the spot market is at the bottom and may have already turned the corner to the positive direciton.
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