The Wall Street Journal: Freight Turnaround Fizzles; Trade War Fuels Supply Chain Shift to Cambodia
Trucking operators who hoped freight volumes would rebound in 2025 after three years of soft demand are pushing off their forecasts for a recovery.
Trucking operators who hoped freight volumes would rebound in 2025 after three years of soft demand are pushing off their forecasts for a recovery.
Shifting U.S. trade policies, fluctuating tariffs and the resulting supply chain upheaval have created an uncertain business landscape for the North American trucking industry, in the present and down the road.
280,000 eggs disappeared from America's top producer. Then came a ransom note.
Do you know how much you’ll be paid for your work today? How about tomorrow? The answers to these questions can be easy for people who are paid by salary, by the hour or even by the mile, as is the case with many truck drivers.
Truckload demand has been declining for months and is expected to continue to dip due to tariffs and other economic factors, according to several experts.
With produce moving, reefer rates rise modestly, according to DAT One.
The Cass Frieght Index showed a variety of trends in the month of May.
The trucking industry is facing a tepid financial outlook amid volatile market conditions compelled by the ongoing tariff-fueled global trade war, experts said.
President Donald Trump declared the trade war with China “done” Wednesday, while Commerce Secretary Howard Lutnick said tariffs on Chinese goods will be locked in at the current 55% rate without additional increases.
Loads posted to the DAT truckload spot market in the week ending June 14, down 8% from the previous week but in line with posts from the same week last year, according to DAT Freight & Analytics.