FleetOwner Top 5 Stories of the Week - Jan 21st, 2023
 
 
Carriers fold, spot markets 'normalizing'
FleetOwner Top 5 Stories of the Week | View online
 
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January 21, 2023
While freight demand slows to start 2023, other costs such as equipment and labor remain high, pushing smaller companies that gained for-hire authority in recent years to abandon the market and seek company driving jobs.
Particularly in the last five months, the primary market where owner-operators and many smaller carriers find and price loads to haul has been on a road to recovery after a time when the marketplace struggled, load board observers say.
The carrier’s customers are saying they will have moved out of inventory correction mode by the second half of this year. The fleet also plans big expenditures to replace aging equipment.
The two-year-old startup Forum Mobility last month took its first customer collaboration live in Long Beach with the support of Amazon, real estate giant CBRE, and others.
Truck drivers all have concerns, but it may seem that making certain changes might be out of management's hands. But by listening—and with a little ingenuity—fleets can figure out ways to address driv...
Multimedia
New trucks, new technology, classic trucks, and one of the oldest, largest pieces of heavy equipment made up the photo galleries that were most popular with FleetOwner readers in 2022. Here's a look back at the year in transportation and trucking images.

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