Trucking market still on track to tighten, but progress only gradual
While most evidence still suggests that freight markets are on a path toward tightening, comments by public carriers so far this earnings season highlight the lack of an immediate inflection. As JP Hampstead described in his article earlier this week, “progress in tightening capacity and rising rates is halting and gradual.” Knight-Swift, the largest U.S. truckload carrier, reported a 0.7% decline in truckload revenue per...
https://www.freightwaves.com/news/freight-markets-improve-slower-than-carriers-would-like