News / Bottlenecks boost US LTL market rates as demand plateaus, for now

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Spot rates in the US truckload market have fallen over the recent months and appear to be weakening more after a brief spell of stabilisation.

But for shippers that rely on the less-than-truckload (LTL) sector, there is little hope of lower rates – if anything, they are likely to climb further.

Collective revenues of US LTL carriers rose 20.4% last year to $50.7bn, according to SJ Consulting Group. In addition to the manufacturing sector, its traditional strong suit, LTL has garnered rising ...