USA Truck

The constant pain in the US trucking market is forcing more players out of the business and is spreading from owner-operators to larger outfits.

Truckstop, a major freight matching service, and Bloomberg Intelligence have conducted a survey of smaller operators, and the results show slumping rates and increased costs have brought the spot market, on which these players predominantly focus, close to a “critical point”.

However, the report expresses optimism that rates are close to bottoming-out and poised to rise – but ...

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