Trucking capacity and storage costs under pressure as shippers re-route cargo
Trucking capacity, storage costs and rates are expected to come under pressure as shippers re-route ...
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In a market facing headwinds, some players are consolidating their position through acquisitions, and this week Werner Enterprises, the seventh-largest US truckload carrier, took over Reed Transport Services and Ascend bought Fuchs Trucking.
US truckers are rolling into the 2022 peak season at reduced speed. The Q4 market update and outlook by Uber Freight, released on Monday, shows a a market that has lost much of the momentum of the past couple of years.
Demand looks subdued while inventory levels remain high, ...
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