Sep 09, 2020 / 01:20PM GMT
Jason H. Seidl - Cowen and Company, LLC, Research Division - MD & Senior Research Analyst
Hi, everyone. We're back here, continuing our day 1 session at Cowen's 13th Annual Global Transportation & Sustainable Mobility Conference. I'm the Cowen's transport analyst, Jason Seidl.
With me today is Schneider National, very pleased to have them. Their CFO, Stephen Bruffett; and their Head of IR, Steve Bindas. Gentlemen, welcome. Thank you for coming.
I'm going to jump right into the Q&A portion of this to make sure we keep rolling along and are on time.
Questions and Answers:
Jason H. Seidl - Cowen and Company, LLC, Research Division - MD & Senior Research AnalystI want to talk a little bit about spot rates in the truckload marketplace. Clearly, of late, they've been extremely strong. I mean we're closing in on peak 2018 levels. Given that trucking is purely a supply/demand-driven marketplace. What's having more of an impact on this move upward? Is it demands coming back? Or has supply come out of the market? Or is it a