Recovering Freight volumes
While conditions remain loose, the seeds have been sown for a rebalancing, which expects rate trends to recover. Recovering freight volumes, rates, and capacity continue to decline as unfavorable fleet conditions persist.
Inflation, while showing tentative improvement, continues to impact consumer spending power. The slow start produce season may also be a headwind.” While the broader economy continues to surprise and thus far stave off an expected recession, the freight economy is starkly different.Read More