US land transportation – shippers in charge for longer
Fast forward
The road ahead remains bumpy for US trucking operators, as macroeconomic indicators point to soft demand, while capacity remains high.
According to the latest Uber Freight Market Update & Outlook, this is corroborated by low-key projections from carriers as they tabled their results for the first quarter.
Uber Freight’s analysts draw a picture of a market characterised by sluggish demand, and ample capacity – and in Q1 last year, capacity expanded 7%, whereas demand was down 1%.
This is keeping the pressure on ...
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