Some freight carriers are forecasting a range of modest or moderate market improvements this peak season. Others have projected an upturn could come in 2024.
J.B. Hunt’s potential for improvement rests on consumer behavior, and the company has a mixed bag of customers that are growing and others that aren’t, Field said.
Uncertainties in the market linger, but the intermodal provider expects volumes to normalize.
For Werner, Q2 was one of the roughest quarters Leathers has seen in his career in terms of demand, but he’s suggested that the worst of the downturn seems to be behind the industry.
