#freight-recession
(10 articles)Triumph Financial Gains 38% Growth During Freight Recession
Triumph Financial reported exceptional 38% year-over-year transportation revenue growth in Q3, defying expectations during what CEO Aaron Graft characterized as the longest freight recession in modern
Truck Financing Squeeze Stalls Mid-Size Fleet Equipment Upgrades
A prolonged 3.5-year freight recession has created a structural credit squeeze in the truck financing market, with major banks exiting the sector and leaving smaller carriers unable to finance equipme
US Freight Recession Persists Despite Rising Truck Rates
The US trucking industry remains mired in a freight recession despite increases in truck rates, signaling a fundamental imbalance between carrier capacity and shipper demand. Rising rates typically in
FTR Shippers Index Shows Modest Gains But Remains in Negative
FTR's Shippers Conditions Index is showing incremental improvement but remains firmly in negative territory, reflecting ongoing structural weakness in the freight market. This mixed signal, gains with
Covenant Logistics Earnings Miss Despite Strengthening Market
Covenant Logistics reported weaker-than-expected Q2 earnings despite a strengthening freight market, causing its stock to plunge 11.2%. The company's underperformance reflects a deliberate strategic s
Trucking Capacity Crisis: Why Supply Won't Return Post-Recession
The trucking industry faces a structural capacity crisis unlikely to reverse despite recent signs of market recovery. According to Ben Kavlinar, EVP of Operations at LRT Solutions, a four-year freight
Trucking Rate Surge Signals Multi-Year Recovery Cycle Ahead
The trucking industry is entering a structural rate recovery cycle driven by four years of compressed margins and supply-side constraints. J.B. Hunt's over-the-road segment reported a Q2 loss despite
1,200+ Jobs Cut as Freight Economy Consolidates
The U.S. freight and logistics sector announced at least 1,222 job eliminations between July 10-24, reflecting widespread network consolidation and facility optimization across warehousing, final-mile
U.S. Freight Market Rolls Over as Chinese Trade Plummets
The U.S. freight market is experiencing a significant contraction characterized as a "structural goods recession," driven primarily by a sharp decline in trade volume from China. This is not a tempora
Trucking Industry Faces Freight Downturn & AI Boom Impact
After four years of sustained capacity contraction, the trucking industry is at an inflection point. Daimler Truck Financial executives examine whether the longest freight recession on record is final