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Trucking Companies See Brake Lights

Nov 01, 2022 at 08:54 AM CST

Domestic U.S. shipping demand is receding and freight rates are falling, the Wall Street Journal (WSJ) reports, in a sign that shifting demand by overstocked retailers is unraveling traditional seasonal shipping patterns. The changes are cascading across freight operations, cutting into inbound shipping volumes and bringing fewer goods onto the roads, according to WSJ.