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Attacks in the Red Sea Are Reconfiguring Global Trade Again
Odd Lots
2024 outlook
The trucking market is expected to trade at the bottom for a while, with improving conditions for carriers as capacity reduces and demand persists. The strong consumer and reshoring of manufacturing will drive additional freight demand, promoting higher rates and demand. The industry is foreseen to enter a new cycle with more capacity. Tightening credit standards will make it more challenging for small businesses to borrow money and expand.
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