DFM Commentary:
Freight capacity cycled from over-built to consistently tight over the last year as Covid-19 hit the supply chain with a classic bullwhip.
Link to Source: https://www.ccjdigital.com/economic-trends/article/15063842/carrier-failures-mounted-in-20-but-so-did-new-entrant-carriers
Quotes from Article:
“Failures slowed in the back half of the year as freight demand rebounded and capacity tightened on the spot market.”
