Relief for depressed US trucking sector with green shoots of a recovery
Over the past seven or eight months, reflection in the US trucking industry has been ...
© Dm Stock Production
Most shippers expect a degree of normalisation this year, with stock levels stabilising, according to Morgan Stanley’s Freight Pulse for April.
Nearly 75% of shippers polled expect inventories to normalise, with nearly 50% predicting this in the second half.
Other numbers, however, are less encouraging. The American Trucking Association’s (ATA) monthly index fell 5.4% in March, the largest monthly drop since April 2020, at the start of the pandemic. The scope of the decline was sobering.
“Falling home construction, decreasing factory output and ...
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