A steady increase in freight volume & high load-to-truck ratios indicates the #FreightRecession is over: bit.ly/2tJIhD2
Retailers' buying spree leads to overflowing warehouses and a freight recession. Navigate the shifting landscape of supply and demand. π¦π #pandemicimpact #retailers #warehouses #freightrecession #supplyanddemand ' #trucking #logistics #liveforthis #paid #consistency #money
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Freight volumes continued to fall last month. With the projected comparisons in the coming months, a #Freight Recession is expected to arrive and potentially drive up truck prices. Let's keep those prices low! #Freight #Transportation
ccjdigital.com/economic-trendβ¦
CNBC and other sources report that the current freight recession will continue on well into 2024. Streamline your operations and reduce costs now with Cargo Spectre!
#cargospectre #FreightDimensioning #WarehouseAutomation #FreightData #FreightOptimization #freightrecession
The U.S. freight industry is being affected due to an excess of trucks and drivers compared to the low amount of cargo available for transportation.
Experts foresee this holiday season will be in worse conditions than last year.
#freight recession #freight #transportindustry
- Insurance higher
- Equipment costs, higher (25% for 3-year-old used trucks)
- truckload volumes down
I had thought the bottom for truckload spot rates was in since truckload volumes had found a bottom, but it turns out, we have not found the bottom yet.
#FreightRecession