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The trucking industry continues to navigate a complex landscape. While some reports, like the PS Logistics acquisition of flatbed carrier Fluker Transportation, point to consolidation and potential growth, others paint a picture of a struggling market. The “flatbed demand outlook” remains sluggish, with declining steel production and load postings. Layoffs continue to plague the industry as companies grapple with the ongoing freight recession.
Despite these challenges, there are some signs of seasonal strength. Tender volumes are rising, particularly for short-haul shipments, and spot rates remain elevated. This could be due to the upcoming Thanksgiving holiday. However, the holiday also brings an increased risk of cargo theft, so security measures are crucial. It’s important to remember that not all predictions pan out — an optimistic 2025 market outlook based on past policies may not reflect current realities.
