Freight Market Update: Preparing for the Next Shift
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June 26, 2024

Freight Market Update: Preparing for the Next Shift

Despite challenging conditions through Q2, asset-based carriers have remained unexpectedly resilient and exits have slowed through the lead-up to produce season. While the market remains somewhat over-supplied, spot rates are inching up across the board and truckload pricing forecasts continue to project a shift higher by year’s end, contingent on an uncertain broader US economy. Knowing where truckload prices are now, and where they’re likely headed, how will Q3 connect the (inflationary) dots?