Video: 2020 economic outlook for fleets and shippers

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TORONTO, Ont. — The economic pendulum has swung when it comes to setting trucking rates. Carriers are giving up some of the gains secured last year, particularly in the spot market. But other factors will continue to place pressure on rates in the year to come. Here were some of the related insights shared during the Surface Transportation Summit’s presentation on the 2020 economic outlook.

 

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John G. Smith is Newcom Media's vice-president - editorial, and the editorial director of its trucking publications -- including Today's Trucking, trucknews.com, and Transport Routier. The award-winning journalist has covered the trucking industry since 1995.


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