LESS THAN A MONTH.
The freight market is putting carriers under pressure.
From late August to September 21,
at least 16 trucking, delivery & transportation companies entered bankruptcy proceedings in the U.S.
And the story isn't only about bankruptcies.
📉 HIGHER COSTS
📦 FREIGHT PRESSURE
🚛 TIGHTER MARGINS
Meanwhile, the market is also showing signs of change:
Carriers are beginning to replace aging trailers again after delaying equipment purchases during the prolonged freight-rate downturn.
So what's happening?
WEAK COMPANIES ARE EXITING.
SURVIVING CARRIERS ARE ADAPTING.
THE MARKET IS RESETTING.
⚡️ THE BIG QUESTION:
Who will still be standing when the freight cycle turns?
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