U.S. Freight Rates Reach Six Year Low Milestone
Supply Chain Matters
APRIL 7, 2023
freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. percentage points below the February value of 54.7, Separate U.S.
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