OOIDA Foundation says freight market upcycle around the corner

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OOIDA Foundation says freight market upcycle around the corner

A freight market upcycle could begin as soon as late in the first quarter of 2025, according to the OOIDA Foundation’s January freight market update. But concerns remain even with signs pointing in the right direction, according to Andrew King, the Foundation’s director of operations. “While there are positive things occurring, such as capacity finding an equilibrium, which has helped to push rates modestly upward, we’re still waiting for manufa…