The freight market has experienced significant volatility in recent months, driven primarily by trade tensions and policy shifts. Following the imposition of a 145% tariff by the Trump administration, freight movement from China to the United States saw a dramatic decline. However, a 90-day truce agreed upon by China and the United States in May has offered a temporary reprieve, sparking conversations about market recovery and potential surges in freight volumes.
This white paper explores the latest insights shared during the May edition of the State of Freight webinar, hosted by FreightWaves and SONAR. Craig Fuller, CEO of FreightWaves and SONAR, and Zach Strickland, SONAR’s director of freight market intelligence, provided expert analysis on the current state of the freight industry and its projected path forward.
Download the full white paper by clicking here.