During the State of Freight webinar last week, Head of Freight Market Intelligence, Zach Strickland, and Senior Analyst, Tony Mulvey, discussed recent macroeconomic and freight market data, noting signs of a slow market recovery. Small truckload carriers are exiting the market while overall demand remains positive. Tender rejections and stable rates have led to cautious optimism among executives. Data suggests a market inflection could occur in the latter half of the year, contrary to earlier predictions.
To read more about what was covered, download the recap.