Heading Toward a Freight Recession?
Talking Logistics
APRIL 27, 2022
Based on various data trends, several industry analysts, including those on Wall Street, are predicting the U.S. is heading toward a freight recession — that is, a period of declining freight volume, declining spot/contract rates, and declining tender rejection rates. “Bank of America sounding the alarm on collapsing freight demand” is the headline of an.
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