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Category: LTL

GAVA GROUPNewsLTL
21 Feb 2023
0 Comments By GV FTL, LTL, Road Transportation

A Bleak Evaluation of the US Trucking and Shipping Market

  According to Uber Freight’s first-quarter update on global freight markets, trucking operators are expected to face unfavorable market conditions in the first half of 2023. The truckload supply has exceeded demand, which is attributed to decreased imports and lower consumer spending. The market weakness is likely to continue due to a broad-based volume recession, […]

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01 Sep 2022
0 Comments By GV LTL, Rates

Trucking rates in the U.S.

  Trucking rates in the U.S. are nearly 30% higher than previously recorded in April of 2021. This increase is largely due to fuel costs, which are up almost 40% since last year. But also there is the issue of accommodating the 60 to 40 percent import to export ratio. Decreasing exports and increasing imports […]

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