US trucking sector recovery still elusive, say latest market numbers
Notwithstanding some tender shoots of improvement, the US trucking market is still in contraction, with ...
Traffic numbers from multiple sources paint a grim picture of the US trucking scene coming out of 2023.
In lieu of a peak season boost, the fourth quarter delivered more grief to truckers, as freight volumes went into a double-digit descent.
The latest quarterly US Bank Freight Payment Index registered a 10.9% drop in shipment volume from the third to the fourth quarter of 2023, with two regions showing decline of more than 14%.
Traffic ...
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