At the TMA Annual meeting last week In Washington DC, I found a nearly universal sentiment that the case flow and deal flow in the industry was still perilously weak. Just a sampling of the quotes that I collected:

• “Case load is down significantly, we are currently involved in a pitch process that is actually deploying a reverse [fee] auction between us and a competitor on already discounted rates. Thank God that we have a diversified business.” Managing Director from a Large TM and Financial Consulting Firm

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