US freight market continued to face headwinds in Q4 2024 Data released Tuesday by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle a variety of headwinds. According to the latest U.S. Bank Freight Payment Index, shipment volumes fell 4.7% from the previous quarter, marking the 10th consecutive quarterly decline. […]
Q4 2024 data released by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle cyclical and structural headwinds.
In the wake of the 2024 presidential election, trucking industry groups see new opportunities to change the regulatory and legislative landscape.
Werner’s Q2 earnings saw worsening financial conditions but improving freight market conditions and signs of capacity tightening.
LTL executives highlight shippers moving spillover LTL freight to full truckload amid market weakness and low rates.
Werner recorded a Q4 earnings miss as low rates, excess capacity and lower truckload demand weigh down its one-way truckload business. Dedicated remained a bright spot with management looking to grow in the coming months.
U.S. Bank’s freight indices are down but at a rate that may suggest a balancing of capacity could be ongoing.
