Truckload Rate Outlook for 2025 Softens, Remains Positive
Industrial Indicators Buoy Mindset of Carrier Executives, Analysts
Industry leaders are pointing to indications that a turnaround is on the way, both for industrial production and the freight sector. (Alex Potemkin/Getty Images)
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The outlook for contract rates softened some over the past quarter, but analysts and carrier executives remain optimistic about the freight market’s prospects in 2025.
Contract truckload rates have yet to bottom out, and negative year-over-year comparisons are expected for several months in 2025, according to FTR Transportation Intelligence Vice President of Trucking Avery Vise. Part of the reason is the absence of a rebound in carrier volume, particularly with industrial production remaining stagnant.
However, FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, Vise said during a Jan. 9 webinar, adding that by the end of 2025, contract rates will be rising 5% year on year.
That said, expectations are more subdued than a few months ago. In September, Vise said FTR expected truck…
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