The Trucking Episode: Why the Industry Is Such a Mess
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 21 June 2021
⏱️ 63 minutes
🧾️ Download transcript
Summary
You can't talk about the problems in logistics and supply chains right now without talking about trucking. Once goods are unloaded from ships, trucks are the dominant mode of domestic freight. However, unlike shipping, the trucking industry was something of a mess even before the pandemic: prone to extreme labor problems and rapid boom/bust cycles. On this episode, we speak with Craig Fuller, the CEO of the information and data firm FreightWaves, to discuss the current and long-term state of the industry.
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| 0:48.4 | Hello, and welcome to another episode of the Adlots podcast. I'm Joe Weisenthal. |
| 1:01.8 | And I'm Tracy Alloway. So Tracy, we've obviously been talking a ton on this show |
| 1:08.4 | about supply chain bottlenecks, logistics, and so forth. Probably, you know, we've talked |
| 1:14.2 | about all of it, but we've had a pretty emphasis on ships, vessels, the sort of like international |
| 1:20.2 | freight aspect of global supply chains. I think that's right, although I feel like we're getting |
| 1:25.6 | more and more specialized. So we started with container shipping, and then we got into breakbook |
| 1:32.8 | a little bit on our previous episode, and we're thinking about doing a barge episode now. |
| 1:38.6 | We haven't gone into, I guess, land transport, but it does feel like we're working our way |
| 1:47.2 | through all the different modes of transport. I wonder if we're going to end up doing a sort of |
| 1:51.2 | Adlots core goal episode at some point, like the wackiest modes of moving goods. |
| 1:56.6 | Yeah, I mean, that's the way to do it. Zoom out, go global, and then start to drill down to all |
| 2:02.5 | of the different nooks and crannies. But as you mentioned, we did sort of the bulk shipping |
| 2:07.4 | episode a couple weeks ago. And at the end, we're like, okay, we got to go trucking next. And to |
| 2:13.6 | now it's time for now, we got to talk about trucking. All right. The truck driving episode, |
| 2:18.6 | it's time has come. I cannot contain my enthusiasm for this episode because I think I mentioned this |
| 2:24.4 | before, but one of my dream jobs that I used to fantasize about was being a truck driver. |
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