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With another challenging quarter for truck freight economy, shipments are down nearly 10% year-over- year nationwide and almost 23% in West region ...
According to the most recent U.S. Bank Freight Payment Index data, truck shipments fell 9% nationwide, including a 27% drop in volume in the Northeast region, in the second quarter of 2023.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Shipment levels nationwide have decreased for five consecutive quarters.
First quarter shipments down 6.1% nationwide while spending increased in all regions except the Midwest