Updated on January 3, 2025
This State of the Industry report aims to provide a comprehensive analysis of the transportation logistics industry, shedding light on its key drivers, trends, and emerging technologies. By examining the current landscape and forecasting future developments, we seek to equip decision-makers, industry professionals, and stakeholders with valuable insights to navigate the ever-evolving logistics landscape.
With the world becoming increasingly interconnected, the transportation logistics industry faces both immense opportunities and unprecedented challenges. Globalization, e-commerce, and advancements in technology have sparked a seismic shift in consumer expectations, supply chain strategies, and sustainability concerns.
Highlights for the general freight report include:
- Tender rejection rates are surging to the highest levels in more than 2 years as the truckload market is becoming increasingly reactive.
- The intermodal market continues to experience double-digit volume growth, benefiting from strong import levels.
- The ocean market is facing uncertainty as capacity will be added to the market in 2025, but the threat of tariffs is threatening demand.
- The consumer continues to carry the economy forward as retail spending continues to surpass expectations.
- Fewer rate cuts in 2025 are likely, threatening potential pent up demand that is what for lower interest rates.
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