Europe's hauliers feel the pain of weak demand and low freight rates
Weakening demand is eating into European road freight operators’ profitability this year, with contract and ...
© Juan Jose Tugores
The road freight sector is “undergoing a change in structure”, according to Transport Intelligence (Ti) analyst Thomas Cullen, and there will be winners and losers.
In his recent North American road freight update, Mr Cullen highlights that the less-than-truckload (LTL) sector is buoyant and “seems to be increasing its market-share”, with major providers such as XPO enjoying strong returns.
However, full-truckload (FTL) operations appear “markedly less profitable” and are losing market share to LTL, he says and noted that major provider JB ...
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