The small guy, or new business, will suffer, often their premise to achieve sales based on a rate that allows the product to be sold cannot sustain such sales when market rates return to near normal, in Canada the Alberta high grade hay could only be sold to Japan when the shipper achieved a bucket rate, and the carriers will always give space to the higher revenue cargo.

The process of carrier competition through aggressive rate practices has been around for many years, and we cannot project if multiple bankruptcies will stop this from taking place, in the freight business it’s always been there and always will be as long as a forwarder or carrier wants the business and is prepared to cut profits to get it and damage the competitor.