Comment / ‘Inflection’ nowhere in sight as mixed US freight market seeks direction

ID 204397796 © Chakraphan Phukhrongthung | Dreamstime.com

Despite the headlines recently suggesting that the “great freight recession is officially over” for the land trade in the US, the most bullish views are not supported by hard evidence as yet.

And, in fact, taking a page out of the less-than-truckload (LTL) market’s trends disclosed last week by three of the major players in the space, it’s quite clear that the long-awaited “inflection” is not around the corner.

While the fight between the FreightWaves Bull and Miller the Bear continues…

… consensus ...