Transportation Industry Outlook for the Year Ahead

The transportation industry must navigate a confluence of opportunities and challenges, including workforce concerns, regulatory pressures, innovative disruptions, and economic uncertainty. But 2020 should see success for those able to capitalize on modest demand for freight. In fact, some experts agree that the industry will see a rebound in mid-2020 thanks to higher trucking rates fueled by constrained capacity in light of regulations, higher fuel prices, and increasing insurance rates. Overall, the freight market is set to favor carriers over shippers in the next year—but, a number of economic factors could quickly turn the tide on that forecast.

Learn more in our 2020 Transportation Industry Outlook White Paper.