Freight shipments moved by truck dropped 6.1% nationwide in the first quarter of 2023, according to U.S. Bank’s Freight Payment Index—the fourth quarter in a row that volume has shrunk on an annual ...
The common sentiment around the industry is that carriers who have weathered the rock-bottom rates of the past three years ...
[Stay on top of transportation news: Get TTNews in your inbox.] The freight market showed signs of recovery in the second quarter despite ongoing issues preventing it from truly turning a corner, ...
The freight recession continues to bump along the bottom, with the spot market continuing to be battered by overcapacity amidst freight demand that is somewhat improved but still soft, according to ...
LONDON, April 27 (Reuters) - Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out. Volumes ...