Reported about 12 hours ago
The average length of haul for truckload tenders in the U.S. fell to 533 miles last week, an 11% decrease from the previous year. This decline, driven by a shift from long-haul freight to intermodal shipping and softened regional truckload demand, highlights ongoing challenges in the trucking market. Additionally, increasing inventory costs and trade agreements signal potential shifts toward leaner inventory strategies, which could impact long-haul trucking's relevance.
Source: YAHOO