
FreightWaves NOW Is a hybrid carrier model the way to go in the future?
May 24, 2023
10:44
Grace Sharkey - SiriusXM Radio Host - FreightWaves - Lansing, MI
Dan Lewis - Founder and CEO - Convoy - Seattle, WA
- Could you please explain the problems stemming from the trucking and brokerage that have historically made it difficult to leverage network effects?
- What is a hybrid carrier? What characteristics of this new model will promote economies of scale? What are those key ingredients?
- I think everyone agrees that this model, particularly shippers narrowing their logistics provider networks, will drive down costs to shippers over time. This is also much easier to accomplish with smaller-volume shippers. Larger shippers need to know that the network is there in one provider in order to put all or most of their eggs in one basket.
- That being said, what does a hybrid carrier have to achieve in order for that shipper’s trust to occur?
- What elements of this model need more profound support throughout the industry to see more adoption?
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