TPM: Declining shipments will drive consolidation in US LTL sector
A gloomy outlook for demand and rates in the US trucking market will drive consolidation ...
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As the long awaited recovery in the trucking sector remains mired in contraction, large US carriers are shifting a growing portion of their fleets to dedicated work.
Meanwhile, in Canada, Walmart rewrote the playbook with the sale of its trucking unit to Canadian Cartage.
The trend to more dedicated capacity arrangements has been building for some time, said Satish Jindel, president of ShipMatrix and SJ Consulting, pointing out that the push has come from both sides.
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