This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.
FIRESIDE CHAT TOPIC: Reimagining the Possibilities of Trailer Sharing
DETAILS: Repowr Chief of Staff A.J. Cheek explains why brokers can benefit from trailer sharing and how asset management can be rethought.
KEY QUOTES FROM A.J. Cheek:
“I think positive times are ahead. But even coming out of [the freight downturn] is going to be challenging. We think that Repowr and access to trailers certainly can help brokers withstand that. What I mean by that is having access to trailers can allow you to tap into more contract freight, which gives these brokerages staying power. So they’re not subject to the market nearly as much as they are if they’re only living and dying by … whatever the trailer may be.”
“The future is bright for us. We think that we’re well positioned to sort of ride the uptick in our market. We definitely are subject to freight cycles just like everybody else in our industry. Thankfully we’ve been able to … withstand the downcycle. We’ve certainly seen our average order value go down as the price of a trailer goes down, that sort of thing, but from a growth standpoint we’ve maintained growth through that entire downcycle.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now