WSJ: What’s your take on the freight market at this stage in the pandemic? WSJ: In the early months of the pandemic there was a lot of supply-chain dislocation, shortages of staples amid consumer stockpiling. MR. BIESTERFELD: When you get times of dislocation and the spot market pricing far exceeds that of the contractual market, you have a choice to make, right? WSJ: It sounds like you see the domestic freight market back on track and looking more like a normal market than it’s been for some time. MR. BIESTERFELD: You opened up the year of 2020 with a pretty dislocated market for the first couple of weeks.

Source: Wall Street Journal July 16, 2020 21:00 UTC