Reported 9 days ago
According to a report by AFS Logistics and TD Cowen, less-than-truckload (LTL) rates are projected to continue increasing year-over-year into the second quarter of 2025, while truckload (TL) rates are expected to remain depressed. LTL rates saw a significant rise of over 60% compared to 2018, driven by strategic positioning in a low-demand environment. Despite this, TL rates are forecasted to be only slightly above their baseline, marking a prolonged low period. Both segments are impacted by ongoing uncertainties in demand and rising costs, particularly due to recent fuel price increases.
Source: YAHOO