Tag: Downturn

15 Strategies to Find New Business Opportunities in a Market Downturn

Though an uncertain market can be challenging for entrepreneurs, it can also be an opportunity to grow — BY Zain Jaffer While market downturns can devastate companies across industries, they can also be full of potential. By leaning in on being agile and flexible, business leaders c...

ACT Research: Encouraging Data Indicate a Less Severe Economic Downturn for 2023

According to Kenny Vieth, ACT’s President and Senior Analyst, “The critical factor in forecasting 2023 is identifying the point at which lower freight volumes and rates, coupled with higher borrowing costs compress carrier profits sufficiently to end the cycle. Our current thinking ...