Tariff concerns weigh on freight recovery: report
4 Articles
4 Articles
ACT Research: Freight in crosshairs of trade war
COLUMBUS, Ind. — With 20%-25% of US surface freight involved in international trade, tariffs are set to extend the for-hire freight recession. “As Q2 begins, retail sales are still brisk as consumers snap up pre-tariff prices, but freight demand fundamentals face major self-inflicted tariff headwinds,” said Tim Denoyer, ACT Research’s vice president and senior analyst. “The pre-tariff inventory stocking period will soon reverse, and consumption …
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