High costs, theft, and cyber threats shape an uncertain outlook
While the broader US economy has gradually rebounded from the impacts of the COVID-19 pandemic, the transportation sector continues to face hurdles, with activity declining over the past 18-24 months.
Following a brief post-pandemic surge in demand, freight carriers and less-than-truckload (LTL) freight services are navigating slower-than-expected market adjustments. This slowdown has resulted in limited opportunities and idle equipment for many companies as freight rates r