INTERVIEW TOPIC: Outlook for freight brokers
SPEAKER: Bruce Chan, vice president and senior analyst, Transportation & Logistics Equity Research Group at Stifel
BIO: Chan covers freight forwarding, airfreight, contract logistics, truck brokerage and asset-light trucking. He was named a 2018 Rising Star by Institutional Investor Magazine. Chan has a law degree from the University of Maryland.
TAKEAWAY: Freight brokers’ value proposition is becoming more evident in this period of record tight capacity, connecting shippers in desperate need of transport with a very fragmented market of capacity providers.
“When you think about the changes that are happening in e-commerce, in the supply chain right now, and the technology advances that are coming in play, there’s also a need for a consolidated intermediary to help the fragmented capacity base and shipper base to navigate all these challenges.”
“There’s a lot of confusion about where we are in the freight cycle, and I think a lot of that …