In the early days of 2023, shippers are navigating a more favorable national freight market. As last year wrapped with a gradual loosening of capacity and lower spot rates, the industry is settling into a deflationary period.
Due to retail sales, manufacturing output, and imports decreasing in Q4, freight demand continued to contract across the board and created a softer market in Q1. This softness is expected to persist throughout 2023 — but the market will inevitably turn tighter, making now...
https://www.freightwaves.com/news/how-shippers-can-capitalize-on-todays-soft-logistics-market