By conventional wisdom, transportation leads other segments as a forward-looking indicator of economic cycles. If that holds true this go-around, the news is not good. In fact, a quick skim through transportation trade publications is downright worrisome. You’ll find pundits and press alike throwing around colorful language. By their accounts, we have been in an ongoing “freight bloodbath” or “freight recession” for some months now. While we are seeing hints at green shoots in the sector and cautious optimism from some leading strategic players, they mostly look forward to a stronger 2020 after a challenging 2019.
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