WHY WHY WHY is trucking so crap in 2024?! Capacity is leaving right? RIGHT? But still, the rates are at the bottom. Well, let’s chat about what the reason is for the freight market being in the dumps, and trucking becoming a bloodbath.
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References:
https://www.wsj.com/articles/trucking-oversupply-is-weighing-on-carriers-earnings-outlooks-b538be7f