Reported 2 days ago
The transportation sector is experiencing a notable demand shift as ongoing trade tensions, particularly with China, affect both freight and supply chain strategies. While truckload tender volumes have declined nearly 10%, intermodal container shipping has seen a rise due to businesses adjusting their inventory management ahead of anticipated tariff impacts. Despite a current lull in significant economic changes, uncertainty looms as tariffs continue to exert pressure on import demand, potentially shifting practices back to just-in-time inventory systems and affecting the overall freight market.
Source: YAHOO