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Trucking rates continue to fall, but when will they bottom out?
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<blockquote data-quote="admin" data-source="post: 220" data-attributes="member: 1"><p><strong>Spot rates are at their lowest point since early 2021.</strong></p><p></p><p></p><p></p><p>According to a fourth quarter market update by Uber Freight, demand is subdued while inventory levels remain high. This, combined with a rising number of trucks and drivers, is pushing freight rates down, on both the contracted and spot sides of the market.</p><p></p><p>[URL unfurl="true"]https://www.furnituretoday.com/logistics/trucking-rates-continue-to-fall-but-when-will-they-bottom-out/[/URL]</p></blockquote><p></p>
[QUOTE="admin, post: 220, member: 1"] [B]Spot rates are at their lowest point since early 2021.[/B] According to a fourth quarter market update by Uber Freight, demand is subdued while inventory levels remain high. This, combined with a rising number of trucks and drivers, is pushing freight rates down, on both the contracted and spot sides of the market. [URL unfurl="true"]https://www.furnituretoday.com/logistics/trucking-rates-continue-to-fall-but-when-will-they-bottom-out/[/URL] [/QUOTE]
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Trucking rates continue to fall, but when will they bottom out?
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