© Welcomia trucks_45290508
© Welcomia

Despite headwinds, the US trucking market continues to expand, albeit at a slower rate, the latest industry data shows.

The decline in spot pricing appears to have eased, having sunk below contract rates.  

The US Bank Freight Payment Index for the second quarter, released today, shows growth overall in the truckload market, with shipment volumes up 2.3% from the first quarter. 

This came after two consecutive quarters in which volumes slipped by about the same percentage as its rebound, the bank’s ...

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