News / Hard-pressed US truckers see recession looming on the road ahead

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The US trucking industry has lost its swagger – demand and rates are still high, but tender rejections and pricing have trended downwards in recent weeks.

In conjunction with soaring fuel costs, this is hurting small operators, above all.

After a strong run that propelled pricing to record levels, the trucking market has been losing momentum, prompting the question of whether a recession might be imminent.

Spot rates have retreated and tender rejections have fallen and, as a result, bank analysts have downgraded ...