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Odd Lots

How to Move Freight Across the Icy Roads of Alaska

13 Aug 2025

Description

We're interested in trucking here at Odd Lots. It's one of those industries that can tell us a lot about the economy, both in terms of the short-term cycle, and also long-term structural trends. Of course, we know that the industry is prone to big boom and bust cycles. And Alaska itself -- driven so much by oil and natural resource extraction -- is also known for its boom and bust cycles. So on our trip there, we spoke with Josh Norum, the CEO of Sourdough Express, an Alaska based trucking company that's been around for over a century. We talked about how the business works, the history of the company, the current economic environment, tariffs, and the unique challenge (and opportunity) of moving freight in America's northernmost state. Read more:Uber Freight Founder Joins Autonomous Big Rig Startup WaabiDriverless Trucks Lumber Along With Safety-First Approach Only Bloomberg - Business News, Stock Markets, Finance, Breaking & World News subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlotsSee omnystudio.com/listener for privacy information.

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