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US truck freight recession is here, but not to stay: SMC3

US truck freight recession is here, but not to stay: SMC3

Consumers are spending more on services than goods, US manufacturing has slowed, residential housing construction is in recession, and big-box retailers have overstocked inventories. “You add all that up, and you have a freight recession,” Costello said.

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US truck freight recession is here, but not to stay: SMC3

US truck freight recession is here, but not to stay: SMC3

Consumers are spending more on services than goods, US manufacturing has slowed, residential housing construction is in recession, and big-box retailers have overstocked inventories. “You add all that up, and you have a freight recession,” Costello said.

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