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Market Report June/July 2018

JAWS 5 & THE FREIGHT MARKET

As we head into the summer on a wave of record-high MDI we have the sense of uneasiness with the market and what might be lurking around the corner, or in this metaphor, below.  Much like the great original summer blockbuster Jaws, (which was released 43 years ago, sorry to make you feel old), the movie, like the current market, gives participants an “edge of your seat” scare as you don’t know what will happen next.  Studying truckstop.com’s MDI report, history shows that rates might soften a bit in the near future, but the giant, white shark below is lurking.  It could be the tariff’s...

Here is a brief market overview and report on all the factors driving the current market, our expectations for where it’s headed, and most importantly, how to manage this market and come out on top!   

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