Comment / US road freight recession persists – how to play it in LTL

ID 76171101 © Taina Sohlman | Dreamstime

The other day, Prof Jason Miller of Michigan State University highlighted once again unfriendly pricing dynamics in the dry van truckload sector…

… where the long-awaited ’inflection’ is, sorry to update, nowhere in sight.

After almost 40 months of pain for road freight transportation in the US, where excess capacity remains an issue despite multiple regional bankruptcies and thousands of jobs lost, questions still abound about the speed at which the next up-cycle will materialise.

Yet, acting for a ’longer worst’ is definitely ...