Reduction in trucking capacity coupled with an increase in orders has logistics executives saying that the long freight recession is finally ending and rates will increase in the back end of the ...
The Biden administration could potentially use a law to intervene in the port strike, sending longshoremen back to work.
The US economy may have dodged a recession so far, but some of its sectors have been hit hard by instabilities created by the pandemic. Case in point: a downturn in the freight industry.
Industry leaders at Wabash Ignite share the history behind the freight market’s carrier overcapacity and how capacity could finally decrease—and rates improve—in 2025. LOUISVILLE, Kentucky ...
For the first time in nearly two years, the average cost of moving goods by truck is set to rise 0.2% annually this month, signaling a potential end to the trucking recession, according to Bloomberg.
For over a year, we’ve been hearing warnings that the United States was on the verge of falling into a recession. Jamie Dimon, CEO of JPMorgan Chase JPM, is the latest business leader to claim ...
In this video with FleetOwner, he compares the current freight recession to past swings and advises fleets on what to watch over the coming months. A much-awaited Federal Reserve interest rate cut ...
Two years ago, the inversion of the yield curve—shorter-dated Treasurys yielding more than longer-dated bonds—was taken by investors as a surefire sign of recession. Now Wall Street worriers ...
A recession may be at hand based on an indicator that began flashing this week. The inversion of the yield curve, which occurs when short-term bonds offer a higher yield than long-term bonds ...
The UK is out of recession after the economy returned to growth in the first three months of the year, official figures show. Chancellor Jeremy Hunt said the economy was "returning to full health ...