Truckload capacity is falling faster than demand

Bearish -50.0
Truckload demand has collapsed, largely due to the loss of transcontinental freight to intermodal, but tender rejection and spot rates remain on par to slightly higher than last year, an indication that capacity is under far more pressure than demand.
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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.