Divided Perspectives: Uncertainty Plagues the US Trucking Market

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Written By Jennifer Joslyn

Experts are divided on the state of the US trucking market, with some suggesting it's the right time to secure contracts while others anticipate more favorable deals in the future. April's trucking market indicators painted a gloomy picture, with declining volumes, rates, and capacity. The truckload sector was hit the hardest, experiencing a 6% year-on-year decrease in loads and a 5.7% drop in revenue per shipment. Despite some observers noting slight pricing improvements, broader logistics indicators for May signaled ongoing challenges, with declining transport utilization and pricing. The recovery of the trucking market may rely on a successful peak season, but predictions for import volumes remain low for the coming months.

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Jennifer Joslyn
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