The
anchoring continues by many transportation executives where they publish all sorts of comments that say "if" this happens and "if" that happens then prices will go up. As you know I have been arguing for a while that while capacity has decreased what has been missed in almost all the analysis is the
miniaturization of product resulting in, of course, far less truckloads needed.
Well, it appears there is some
enlightenment... albeit a bit late. I read a comment from an industry executive who said that the ipod replacing the boom box is causing the demand for loads to decrease at about the same clip as the capacity decrease.
The ipod was rolled out in October 2001 - it is now May 2013 - better late than never.
