That the companies are so sensitive to spikes and valleys in the market speaks louder about how badly run the companies are than anything else.

How would you better run transport/logistics company to not be as sensitive to spikes and valleys as a typical current transport/logistics company?

Trust me, we're not seeing any of that in practice yet. Although that could be because we almost exclusively use air shipping.

I understand why rates are collapsing. Why is demand / volume collapsing now? Because of slowdowns in China?