Demand for trucking services has “plateaued” in the last four to six weeks, though “we’ve not necessarily seen things getting worse,” according to the CEO of a leading national truckload carrier.
Eric Fuller, CEO of U.S. Xpress, said at the Stephens Annual Investment Conference that while demand for freight services may have shown signs of flattening, the supply side of drivers ensures that freight rates will stay elevated.
“We’ve not necessarily seen things getting worse but they aren’t getting...