The April 2024 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates as we enter into the first quarter.
In this report, you will find:
- The intermodal market continues to show volume growth, but much of the growth is driven by international intermodal volume.
- The maritime market continues to rebound from the Lunar New Year and container ship executives are expecting an earlier than normal peak season.
- The Federal Reserve continues its wait and see approach when it comes to cutting interest rates as recent inflation readings have been higher than expected.
- Businesses are cautiously optimistic about the next six months, expecting conditions to improve in the back half of the year.
Download the complimentary report today to access the full insights.