Trucking Market Update and 2020 Q1 Freight Outlook
Zipline Logistics
JANUARY 6, 2020
The trade war, started in 2017, resulted in a threatened 25 percent tariff rate on $200 billion worth of Chinese goods. ” 2019’s lessened shipping volume have driven down freight rates to combat falling demand thus cutting into many carriers’ revenue stream. Trucking Insurance Costs on the Rise. Diesel Price Volatility.
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