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LOUISVILLE, KY -- The U.S. economy is "nowhere near” slipping into recession. But the economy is sending mixed signals, so what's going to happen to freight demand over the next several months? FTR's Eric Starks shared his insights at the MATS Fleet Forum Wednesday.
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Recent reports on freight movements, shipper spending and even the spot market can be downright confusing if you’re trying to figure what’s happening to the nation’s freight market and overall economic health.
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Overall freight revenue will grow by 63.6% to $1.3 trillion annually in 2024 and trucking will see its share of those revenues rise to 81% from 80.7% in 2012.
Read More →A month of financial turmoil has turned the economic forecast gloomy. Truckers will need good management to survive recession and the credit crisis.
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