Reported 21 days ago
The November 2024 'State of the Industry Report,' sponsored by Ryder, provides a comprehensive analysis of the trucking, maritime, and intermodal markets, detailing capacity, volumes, and rates. Key takeaways include resilience in the truckload market, growth in intermodal volumes amid high imports, a decline in ocean shipping rates post-peak season, and strong retail sales boosting consumer spending. Forecasts indicate that industrial growth may emerge in 2025, potentially influenced by upcoming rate cuts.
Source: YAHOO