Trade News > Trucking Logistics > Cutting Rates, Chasing Freight

Cutting Rates, Chasing Freight

William B. Cassidy | Nov 23, 2009 2:53PM GMT
The Journal of Commerce Magazine - News Story
Gains in truckload freight signal frenetic competition as prices bump along recession’s bottom

Truckload carrier operations gained some momentum in the third quarter, thanks to a pickup in shipments and cuts in capacity. But industrywide price-cutting slowed sales and lowered profits at some carriers, while others were left spinning


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