Truckload average length of haul hits new lows

Strong Bearish -100.0
Truckload carriers are not only hauling less freight, but moving it less distance. This has a compounding effect on keeping capacity loose as longer moves take up more capacity. If supply chain strategies normalize, it could have an impact on transportation markets.
The post Truckload average length of haul hits new lows appeared first on FreightWaves.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.