Muted peak season continues push toward lower rates
The holidays are quickly approaching, and shoppers are checking off their gift lists. This year, however, the festive frenzy has not been strong enough to create a traditional peak season effect.
The holidays are quickly approaching, and shoppers are checking off their gift lists. This year, however, the festive frenzy has not been strong enough to create a traditional peak season effect.
The folks at Convoy believe that this soft market will continue through the beginning of the new year as demand is declining faster than supply.
The trucking business is often cyclical, and understanding the changes in profitability is a great barometer for the general macroeconomic outlook.