Truck Operators Were Hoping for a Recovery. Instead They Got a Trade War.

Logistics experts are projecting flat freight demand heading into what is usually the trucking sector’s peak season. Shipping rates continue to slide following a yearslong pandemic-driven surge in freight demand that drove up prices. Average rates in the spot market have fallen more than 9% since the start of the year, according to DAT. Shippers “still have pricing power three years later”. Read more here.