Bobby Holland, vice president and director of freight data solutions with U.S. Bank, discusses the results of the firm's latest quarterly Freight Payment Index, what it means for truckers, and how it mirrors trends in the economy as a whole.

As I was reading the story “Goldilocks and the Three Bears” to my youngest son, I had a revelation about … pricing. 

COVID-19 has thrown the global economy into turmoil, interrupting normal operations everywhere, wreaking havoc on supply chains, and causing a severe drop in global trade. Asia, of course, is not immune.

These are perilous times for all supply-chain partners, but especially for smaller suppliers who lack ready access to working capital, and are existing on extremely thin margins in a severe economic downturn.