The Intermodal Logistics Podcast - The 2024 Freight Outlook

The 2024 Freight Outlook

01/18/24 • 32 min

As the year begins, join us in first looking back at how the freight market behaved in 2023, then offering a freight outlook for 2024. Kevin and Rick discuss a variety of areas, including the recovery that wasn't last year, why this year probably won't be gangbusters either, where the supply and demand balance stands in shipping, and when a bounceback becomes more realistic. Plus, they talk diesel prices and other potential factors that could influence the market like the Red Sea crisis, labor issues at the ports and more.
For a 2024 freight outlook in written form, read our Logistics and Supply Chain Trends.
Subscribe or follow now to catch new episodes of InTek Freight & Logistics: The Podcast as soon as they're out, and please do rate and review us. Have a question? Contact us at [email protected]. And visit our website, www.intekfreight-logistics.com to learn more about InTek.

Previous Episode

California AB5 & Independent Trucking

California's AB5 (Assembly Bill 5) has been in effect for some time now, but appeals persist and enforcement continues to be cloudy. That cloud is hanging over independent truck drivers and the freight industry as a whole. Joining us to discuss the law, its implications both in California and across the country, and the latest on the legal appeals process is Paul Torlina, Government Affairs Counsel for the Owner-Operator Independent Drivers Association (OOIDA).
Paul discusses what happened at the latest hearing in U.S. District Court, how the Commerce and Equal Protection clauses factor into arguments against AB5, and whether there's reason for optimism this go-around. He also shares his likely timeline for what happens next - a timeline that's hardly quick. Plus, Paul tells us about OOIDA, its mission, and how interested truckers can become members.
Learn more about AB5 with our latest blog article blog.intekfreight-logistics.com/latest-california-ab5-law and find out more about OOIDA at fightingfortruckers.com and www.ooida.com.
Subscribe or follow now to catch new episodes of InTek Freight & Logistics: The Podcast as soon as they're out, and please do rate and review us. Have a question? Contact us at [email protected]. And visit our website, www.intekfreight-logistics.com to learn more about InTek.

Next Episode

AI in Supply Chain & Logistics

Artificial intelligence - better known and faster said as AI - is a tool that has applications across every day life. And one area that both already uses it and can use it more is the supply chain space. Joining us to discuss AI in supply chain & logistics is supply chain expert and strategic advisor Bart De Muynck.
We discuss Bart's recent article for Forbes, appropriately titled "The True Role of AI in Logistics" (https://www.forbes.com/sites/forbestechcouncil/2023/08/17/the-true-role-of-ai-in-logistics), in which he notes warehouse and yard automation, predictive analytics, data analysis among others as areas in which AI fits into freight operations.
He notes that the best TMS (transportation management systems) and WMS (warehouse management systems) already incorporate many AI elements, and of course many warehouses already use automation both with robotics and software. Additionally, those hesitant to use it may be surprised that their smartphones (Apple and Android) and many other items use it extensively already. And Bart predicts this year will be a big one for those holding out on AI implementation, with the hesitations many have being replaced by worries of getting left behind.
Learn more about Bart at https://www.bartdemuynck.com and find more of his work at https://www.bettersupplychains.com.
Subscribe or follow now to catch new episodes of InTek Freight & Logistics: The Podcast as soon as they're out, and please do rate and review us. Have a question? Contact us at [email protected]. And visit our website, www.intekfreight-logistics.com to learn more about InTek.