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

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

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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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Freight market growth expected to slow in 2021

The pandemic’s impact on the U.S. economy will continue to affect freight volume growth well into the next year, IHS Markit forecasts.

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U.S. freight market: weak growth ahead

IHS Markit forecasts slow volume growth across modes in 2020.

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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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A new era in international trade?

Aside from a potential rise in protectionism, there are other, fundamental short-term and long-term factors that have caused Global Insight to take a gloomier view of prospects for international trade growth in the near future.

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