Management from Landstar System said Tuesday that truckload rates appear to have stabilized and may be recovering. It reported weaker-than-normal volumes for July but said increases in revenue per load are outpacing typical seasonal patterns.
The Jacksonville, Florida-based freight broker said it normally sees a 4% decline in loads per workday from June to July but that this year’s change rate has been 300 basis points worse than normal. However, revenue per load typically improves just 2%...
https://www.freightwaves.com/news/landstar-sees-stabilizing-trends-still-awaiting-tl-market-turn