While much of the US economy has begun to shake off the disruption that came in the wake of the COVID-19 pandemic, the transportation sector is largely continuing to dig out from the challenges it faced following that once-in-a-lifetime event. While the surge in new demand after the pandemic was initially a boon to freight carriers, less than truckload freight shipping (LTL), and other transportation service providers, the return to normal has been bumpier than expected, leading transportation activity into an overall downward trend for the last 18-24 months.

The 2024 US Transportation Market Outlook delves into the current state of the sector, offering valuable insights to help clients navigate these challenges, ensure smooth renewals for the rest of the year, and prepare for what lies ahead in 2025.

Learn key insights from the 2024 Transportation Market Outlook:

  • Continued recovery and market challenges
  • Rising insurance costs and market disruption
  • Increasing risks and the importance of technology
  • Optimism for future growth and legislative efforts
  • What to expect in 2025 and what you need to know before you approach renewal season.

Get the full 2024 Transportation Market Outlook to learn more.

GET THE REPORT

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