[Video] 2023 Transportation Industry Mid-Year Market Update


The last few years in trucking have been interesting. The spot and contract rates that flew skyward in the years following the pandemic have subsided recently. On top of rate instability, expenses like maintenance costs and fuel have risen sharply over the last 36 months, leaving many trucking companies with fewer bottom-line profits. 

So far, 2023 has been challenging for carriers of all sizes and it looks to remain that way. Add in the fact that we're likely headed for a national recession and it's understandable if you're wondering how to captain your company's supply chain in the coming months. 

In this video, ATS Chief Financial Officer Paul Pfeiffer overviews what 2023 has looked like from a transportation perspective and what you should expect as we head into 2024. 

Want some more information about the market? Check out these resources: 



Tags: Market Update

Paul Pfeiffer

Written by Paul Pfeiffer

Paul has spent nearly two decades in the transportation industry with roles in finance, operations, business transformation and risk management for companies with offerings in specialized flatbed, vans, brokerage, less-than-truckload (LTL), bulk, leasing, international and intermodal operations. He joined ATS in 2014 and serves as the chief financial officer.

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