Amazon’s “asset-backed” less-than-truckload service is based on company-owned equipment and technology, its freight director says.
Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.
As asset-based intermodal marketing companies reject lower-priced freight, shippers are pushed deeper into routing guides and end up paying more well before the next round of contracts take effect.
