Trucking executives are ready for a market turnaround. During Q3 earnings calls, C-suite leaders provided some optimism that the freight cycle could turn this quarter or early next year.
Addressing investors and answering analyst questions, executives with Ryder System, Schneider National and Werner Enterprises noted potential improvements in the freight cycle, highlighting some encouraging signs amid ongoing market challenges.
Carriers have been struggling against sluggish consumer demand and murky forecasts, following retailers’ destocking in the wake of COVID-19 demand spikes.
