Trucking market stalls in first half of 2025, despite tumultuous trade environment
From Yahoo Finance: 2025-06-28 20:30:00
Contract rates for dry van truckload shipments are nearly unchanged from 2024 levels despite disruptions in supply chains. Spot rates are slightly below last year’s levels, indicating a stalled trucking market recovery. Intermodal is gaining market share from truckload, impacting long-haul truckload demand. Shippers are adjusting lead times due to unstable maritime conditions, impacting warehousing and trucking. Economic uncertainty and geopolitical tensions continue to impact consumer confidence, housing market, and job market. Capacity continues to exit the market, potentially leading to a significant market shift in the second half of 2025. SONAR provides real-time data to visualize freight market trends and is continuously enhancing the client experience.
Read more at Yahoo Finance: Trucking market stalls in first half of 2025, despite tumultuous trade environment