From Yahoo Finance: 2025-03-19 16:24:00

Despite expectations for a freight market recovery, industry leaders express surprise at the ongoing downturn during the Truckload Carriers Association meeting. Strategies to cut costs and increase efficiency are at the forefront as companies like Knight Swift and TFI International adapt to the challenging market conditions. Landstar faces unique challenges in the spot market, prompting a need for innovative solutions to remain competitive. The focus remains on finding ways to improve revenue and reduce operational costs in order to survive the prolonged recession. At the TCA conference, small carriers shared strategies to keep costs down. Trailiner Corp. focused on equipment maintenance and software updates, while K&J Trucking extended its equipment replacement cycle for savings. Brown Dog Carriers cut costs by reducing idling time and switching insurance carriers. All look for signs of a freight market turnaround.



Read more at Yahoo Finance: Carriers big and small at TCA wait for signs of freight market turnaround