News / 'Fasten your seat belts' – US trucking slowdown ominous for smaller players

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The loss of momentum in the US trucking market spells pain for smaller operators.

Recession may be on the cards, but for now, larger players are still enjoying a strong market – especially if they have signed clients on contract rates.

Business took a marked turn for the worse in the latter half of March; after robust growth that pushed trucking rates into the stratosphere, key indicators went into a sharp reverse.

Brad Jacobs, chairman of XPO Logistics, told the Economic Club of ...