The June 2023 “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.
In this report, you will find:
- The truckload market finishes May stronger than it started, but in line with where it was throughout April.
- The intermodal market, particularly domestic intermodal, continues to show signs of weakness in the market.
- The ocean market has experienced an uptick recently, but continues to track very closely with 2019 levels.
- The macroeconomic environment remains a challenge as manufacturing sentiment has turned negative across the three regional Federal Reserve manufacturing surveys.
- The impacts of the student loan repayment cycle looms as the resumption is on the horizon and the average payment near $400 per month could impact spending in cohorts that drive spending.
Download the complimentary report today to access the full insights.