Reported about 2 hours ago
The latest State of Freight webinar highlighted the ongoing freight recession as volume metrics show weakness, particularly from LTL carriers. Despite significant struggles in the trucking industry, CEO Craig Fuller noted a glimmer of hope as some businesses report a surge in activity, indicating potential stability ahead. Issues such as capacity challenges due to driver regulations and financial strain among trucking companies were discussed, emphasizing the cautious optimism shared by industry executives about future improvements.
Source: YAHOO