FREIGHT RECESSION SHOWS NO END IN SIGHT
The trucking and freight industry has been in a prolonged downturn for three years, with little sign of recovery, say Stifel analysts. Weak consumer spending, housing, and industrial activity continue to suppress demand. Carriers and shippers report slow business amid trade tensions, high interest rates, and recession risks. Analysts see few near-term signs of relief.The copyright of this article belongs to the original author/organization.
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