Dry van and reefer rates on the spot market fell throughout 2022 after a record-setting 2021. By the end of 2022, rates were back to near pre-pandemic levels.
Last month, broker and 3PL Arrive Logistics released its annual Truckload Freight Rates Forecast for 2023, offering predictions for rates for the year ahead.
Jason and Matt are joined by David Spencer, director of business intelligence at Arrive, who goes into the details of the forecast and what carriers can expect this year.
00:00 Dry van and reefer rates
01:44 Freight demand
02:55 Imports and manufacturing
05:34 Sliding demand, declining capacity, owner-operators