Trucking is still suffering from the overcapacity hangover that developed in the wake of the Covid-19 pandemic boom, but some major truckload fleets are refusing to lower rates any further. Are there green shoots indicating a freight market recovery on the horizon?
FTR Expects Trucking Conditions to Remain in the Negative
While FTR’s Trucking Conditions Index showed substantial improvement in January, the index remains in the negative.