US land transportation – shippers in charge for longer
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The road ahead remains bumpy for US trucking operators, as macroeconomic indicators point to soft demand, while capacity remains high.
According to the latest Uber Freight Market Update & Outlook, this is corroborated by low-key projections from carriers as they tabled their results for the first quarter.
Uber Freight’s analysts draw a picture of a market characterised by sluggish demand, and ample capacity – and in Q1 last year, capacity expanded 7%, whereas demand was down 1%.
This is keeping the pressure on ...
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