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Carriers start to see some indicators for a better LTL Market in 2025.
For the first time in two years, freight volumes are expected to grow in the U.S. by an estimated 1.6 percent per the American Trucking Associations projections on Jan. 16. The freight market is expected to normalize after years of stagflation thanks in large part to the pickup in the industrial economy in terms of shipment count and increased tonnage as well improvements seen in the macro backdrop and pricing, according to ArcBest Chief Financial Officer, Matt Beasley, over on Transport Topics.
Analysts are also anticipating more carriers will exit the market rebalancing the supply-demand equation. Rates are expected to go up in the later part of the year as well.
Furthermore, LTL carriers will have less to worry about with incoming tariffs compared to the truckload sector due to lower cross-border exposure.
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