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Slowing U.S. economy to affect freight demand

S&P Global Market Intelligence expects U.S. freight tonnage growth to be less than the country’s GDP growth in 2024 due to reduced consumption and inventory building in the second half of the year.

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Article

Projected U.S. recession in early 2023 will soften freight market

S&P Global Market Intelligence forecasts weak growth for 2023.

Article

Ukraine invasion, inflation, and lockdowns take toll on freight market

S&P Global revises down forecasts for GDP and freight growth in 2022 as supply chain disruptions continue and costs rise.

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Article

Freight forecast: slow growth ahead

As the economy decelerates and consumer spending cools, IHS Markit predicts that U.S. freight transportation demand will not be as strong as it was in 2021.

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Warning: Weak economy ahead

IHS Markit forecasts slower growth in 2020 for the industrial sector, which will negatively affect U.S. freight growth.

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What's the road ahead for trucking?

A study by IHS Markit indicates that trucking will see an increase in demand and a shift toward alternative fuels and new technology.

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