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Logistics Market 'Out of Whack' as Analysts Highlight Disconnect Between Ocean and Trucking Rates

Worldwide Aviation News

• 1 min read
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The global logistics market is experiencing a significant disconnect between different sectors, according to financial analysts. Ocean freight rates have become 'dirt-cheap', benefiting global forwarders like DHL and carriers such as Maersk. In contrast, the US trucking and brokerage markets are described as 'out of whack' and under severe pressure. Asset-based companies like JB Hunt and brokers like CH Robinson are struggling with weak demand and excess capacity. This imbalance is causing significant financial strain on road transport providers, with analysts predicting a market correction, though the timing remains uncertain.

Official Source: https://theloadstar.com/dhl-maersk-dirt-cheap-jb-hunt-robinson-out-of-whack/