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Hot market creating a 'war' for freight brokerage talent | Hellenic Shipping News Worldwide


Hot market creating a ‘war’ for freight brokerage talent
Last Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023.
Shippers are moving to a “stronger for longer” pricing cycle, he said, pointing to many retailers increasing their transportation cost projections and retailers already beginning to increase prices by 10% to 20%.
This hot market continues to impact truckload carriers, who must order new trucks and focus attention on driver recruitment and retention to keep up with customer demand. ....

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The Nine Lives Of Richard Simard | Standardbred Canada


A rejuvenated Richard the Black Cat Simard has journeyed across the continent and braved many obstacles to land back in the eastern Ontario-Quebec circuit, which he s now content to call home.
“When I started, I never thought I’d make it that far because I have no family in the business,” the first-generation horseman recently told Rideau Carleton Raceway s Graeme Mitchell. “But like I said, I’m a hustler and I’m a worker. I never give up. I’ve left with my bag not knowing if I’d have a job, if I’d have food on my table next week. You keep trying. I guess I’ve been everywhere [and] I’ve always survived. It’s a tough business not made for the weak people. If you’re weak, don’t go into the horse business [laugh].” ....

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Hot Market Creating A 'War' For Freight Brokerage Talent


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On Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023.
Shippers are moving to a stronger for longer pricing cycle, he said, pointing to many retailers increasing their transportation cost projections and retailers already beginning to increase prices by 10% to 20%.
This hot market continues to impact truckload carriers, who must order new trucks and focus attention on driver recruitment and retention to keep up with customer demand.
But these issues are beginning to trickle down to another supply-chain actor as well: the freight broker. ....

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Waples Reflects On Hall Of Fame Nod | Standardbred Canada


Now in a transitional period in his long and lucrative career, Randy Waples spoke on a two-part series with COSA TV on his time in the race bike, the horses he s driven and his reaction to receiving one of the highest honours in Canadian harness racing.
It was like another surprise, Waples said of his nomination into the Canadian Horse Racing Hall of Fame. It was surprise number two or number three, whatever it was.
Randy Waples enters the Hall with the 2021 class, which includes breeder Jim Bullock, broodmare Great Memories, thoroughbred builder Vicki Pappas, champion thoroughbred miler Heart To Heart and thoroughbred veteran Not Too Shy. Once he learned of his induction, the excitement for Waples was long-lasting. ....

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