A first-half 2022 economic outlook issued by truckload carrier U.S. Xpress Wednesday calls for strength in freight demand to last through at least the first half of the year. The company highlighted some caveats, most notably the impact of inflation on consumer spending.
Inventory replenishment is likely to carry freight demand through the beginning of the year, the report said. After that, it’s really up to how much of a bite inflation takes out of the consumer’s wallet.
“If the economy can...
https://www.freightwaves.com/news/us-xpress-sees-freight-moving-at-fever-pitch-through-at-least-h122