Trucking executives are preparing for potential rate pressures as the freight recession continues, which has negatively impacted carriers. Many have downsized fleets and faced financial challenges, prompting warnings about unsustainable prices. While the exact timing for price increases remains uncertain, some industry leaders express cautious optimism for gradual improvements in rates by 2025 or 2026. Companies like Knight-Swift and Old Dominion report positive trends, with expectations for favorable bid seasons and continued price increases, despite overall market challenges.

Source: https://www.supplychaindive.com/news/trucking-freight-cycle-2025-pricing-outlook/740979/