The freight market seems to be slowly recovering from its slump, but there is still a long way to go before we see a full recovery. Recent data shows some promising signs of improvement that give us hope for a brighter future.

Major trucking companies are cautiously optimistic about modest growth in the first half of 2024, with expectations of stronger demand in the latter part of the year. This gradual progress is a positive indicator of a potential turnaround in the transportation and logistics sector.

Read about key themes, economic demand indicators, historical valuation trends, and more in our latest update.