Notwithstanding some tender shoots of improvement, the US trucking market is still in contraction, with margins pointing to more casualties ahead.
The US Bank Freight Payment Index for the second quarter shows continuing decline, both in shipment volume and customer spending on trucking.
The operating margins revealed in Uber Freight’s Monthly Economic and Market Update for July paint a grim picture of an unsustainable divergence between operating costs and freight pricing – …
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