January’s State of Freight Webinar, hosted by FreightWaves in a virtual format due to severe weather conditions in Chattanooga, Tennessee, brought forth critical observations from industry leaders Craig Fuller, CEO, and Zach Strickland, Director of Freight Market Intelligence. The session delved into the immediate impacts of the recent deep freeze affecting much of the United States and its broader implications on the freight markets. Severe Weather Disrupting Freight Operations The webinar highlighted the significant disruptions caused by the harsh winter conditions, with frozen roads leading to logistical challenges and a notable slowdown in freight movements. Fuller shared insights on the financial repercussions of such weather events, particularly emphasizing a downturn in web traffic and e-commerce activities attributed to the adverse weather. This situation underscores the sensitivity of freight operations and related businesses to extreme weather conditions. A Bullish Outlook Despite Early Challenges Despite the challenges presented in early… ..... Read More.
2 weeks ago