FreightWaves NOW

John Kingston - Editor-At-Large - FreightWaves - Carle Place, NY This is a program for high school students and it’s expanding What has been the attraction to this program? Obviously there is a movement afoot to make 18-year olds eligible to drive Class 8 trucks.  Secretary Buttigedge mentioned that the pilot program hasn’t had the desired enrollment - were does this put programs like this because it seems like they certainly have attraction from teens and schools. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wholesale fuel prices have increased over the past 3 days Learn more about your ad choices. Visit megaphone.fm/adchoices

Mary O’Connell - Running on Ice Community - St. Louis, MO Jumping right in I feel like I'm constantly reading about companies opening up space or making plans around the Port of Jacksonville, Why have you guys become the new coolest kid in town? What do you think has been the biggest contributor to the rapid growth of cold chain opportunities at the Jacksonville Port? What’s your competitive edge? What kinds of products are benefiting the most from the cold chain logistics services offered at the Jacksonville Port? Can you speak to any notable success stories of businesses that have taken advantage of the cold chain opportunities at the Jacksonville Port? Looking forward, what are some potential challenges that the Jacksonville Port may face in maintaining its position as a leader in the cold chain logistics industry? Are there things that shippers and carriers can do to be a favorite carrier at the port? What measures has the Jacksonville Port taken to address the environmental impact of cold chain logistics operations and ensure sustainability in the long term? Learn more about your ad choices. Visit megaphone.fm/adchoices

OTMSY will help you identify emerging markets Learn more about your ad choices. Visit megaphone.fm/adchoices

Andrew Lockwood - Senior Director, Managed Logistics, Suddath Global Logistics - Orlando, FL This may fly in the face of some of the conventional news stories we've seen out there where capacity needs to fall back down to meet demand, but if you take the market sentiment "buy low, sell high", now actually maybe a really good time to start your own freight brokerage business as the startup buy-in is relatively low (< $10k). What's interesting is that the growth rate for brokerage businesses is less than trucking businesses (2.4% vs. 4.5%) and once you have your licenses, software, etc. setup, your as profitable as you customer service/hustle dictates. I think we'll see the freight world shift more to private load boards and "trusted networks" in the future - which are very dependent upon relationships and connections. My theory is - you start now and establish your business in a supposed 'down market', then you have incredible upside as the overall economy gets better. We can also hit on the trucking business side of it - which I'm definitely not as high on. Until equipment prices come down, there's a huge deterrent to people getting into business there...but I think for most folks driving a truck feels a lot more doable than brokering 5+ loads a day to earn a living. There's certainly pros/cons and upside in both a pure brokerage business vs. trucking business which we could dive into as well. Learn more about your ad choices. Visit megaphone.fm/adchoices

Clarissa Hawes - Senior Staff Writer - FreightWaves - Grain Valley, MO What happened? Any chance the drivers will get the paychecks they are owed? Any updates on what will happen going forward - either with the company in and of itself or the drivers and equipment? This is the second closing in a week of a mid-size carrier - are there rumblings of others? Learn more about your ad choices. Visit megaphone.fm/adchoices

Freight volumes remain above 10,000 index points Learn more about your ad choices. Visit megaphone.fm/adchoices

Lanes of the Day Learn more about your ad choices. Visit megaphone.fm/adchoices

Levi Hummon, Singer/Songwriter Learn more about your ad choices. Visit megaphone.fm/adchoices

On The Spot - 03/23/2023 Learn more about your ad choices. Visit megaphone.fm/adchoices