Reported 1 day ago
The U.S. trucking market is showing signs of improvement as truckload demand rebounds and pricing power starts to recover, though challenges remain. Recent trends indicate a tightening market with variations between regions, while the less-than-truckload (LTL) segment thrives with revenue growth. However, truckload carriers continue to face declining revenues despite better asset utilization. Inventory dynamics suggest potential increases in freight movement in early 2025 as downstream firms replenish stocks. Overall, the near-term outlook for truckload rates appears positive amid ongoing capacity constraints.
Source: YAHOO