Reported about 18 hours ago
In a recent webinar, FTR Transportation Intelligence announced an optimistic outlook for the freight market in 2025, projecting a gradual increase in contract and spot rates, with a year-over-year growth forecast of 5% for contract rates. Despite a recent decline in contract rates, the company asserts that conditions are improving and tighter capacity is expected. Additionally, the California Air Resources Board has withdrawn its request for a waiver regarding the Advanced Clean Fleets Rule, which impacts future zero-emission vehicle requirements in the state. Meanwhile, Cass Information Systems reported a decrease in freight volumes for December, but noted rising prices, indicating a complex and evolving landscape for the trucking and freight industry.
Source: YAHOO