Signs that a freight recovery may be taking shape continue to surface, said trucking executives on the investor conference circuit this week. The overall sentiment is that the truckload industry is no longer in a recession and that normal seasonal trends have returned, but no one is ready to commit to when a meaningful positive inflection will occur.
\n\u201cWe know we\u2019re coming off the bottom of the market,\u201d Drew Wilkerson, CEO at truck broker RXO (NYSE: RXO), told investors at Citi\u2019s 2025 Global Industrial Tech and Mobility Conference in Miami on Wednesday. \u201cYou are starting to see the signs of a market that\u2019s shifting. The thing that\u2019s not known is, what\u2019s the pace of the recovery?\u201d
\nHe cited a recent run in TL spot rates and noted that contract rates have turned positive. He also talked about the increase in carrier tender rejections and said internal data shows load-to-truck ratios have nearly doubled year over year.
\nRXO is calling for contract rates to increase y\/y by low- to mid-single digits this year. The company\u2019s TL revenue per load is up y\/y by a low-single-digit percentage to start the year after being flat in the fourth quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"

Signs that a freight recovery may be taking shape continue to surface, said trucking executives on the investor conference circuit this week. The overall sentiment is that the truckload industry is no longer in a recession and that normal seasonal trends have returned, but no one is ready to commit to when a meaningful positive […]<\/p>\n","protected":false},"author":2,"featured_media":151647,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":{"0":"post-151646","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trucking-industry"},"_links":{"self":[{"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/posts\/151646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/comments?post=151646"}],"version-history":[{"count":0,"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/posts\/151646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/media\/151647"}],"wp:attachment":[{"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/media?parent=151646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/categories?post=151646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gotrucking.news\/wp-json\/wp\/v2\/tags?post=151646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}