August Truck Freight Volumes Fluctuate Amid Inventory Woes
American Trucking Associations data shows mixed results for August trucking freight volumes, with a slight month-over-month decrease but still higher than the same period last year. High inventory pressure and global economic headwinds are major influencing factors. The industry anticipates a recovery in consumer spending and inventory digestion, while also needing to pay attention to future trends such as e-commerce, sustainability, labor shortages, and regulatory oversight.
