ARTICLE
18 March 2025

Trucking's Gradual Turn: A Slow Recovery Unfolds As Overcapacity Normalizes

AC
Ankura Consulting Group LLC

Contributor

Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. Ankura consists of more than 1,800 professionals and has served 3,000+ clients across 55 countries. Collaborative lateral thinking, hard-earned experience, and multidisciplinary capabilities drive results and Ankura is unrivalled in its ability to assist clients to Protect, Create, and Recover Value. For more information, please visit, ankura.com.
The trucking industry is showing early signs of recovery from a prolonged recession, with spot rates rising and overcapacity normalizing. However, growth remains modest, projected at only 1.6% for 2025.
United States International Law

The trucking industry is showing early signs of recovery from a prolonged recession, with spot rates rising and overcapacity normalizing. However, growth remains modest, projected at only 1.6% for 2025. Challenges persist, including declining consumer confidence, elevated interest rates, and new tariffs affecting cross-border freight and operating costs. These factors could suppress demand and disrupt supply chains. Ankura's Performance Improvement team highlights strategies for shippers to navigate these uncertainties: staying informed, updating network models, building agility, diversifying carriers, and improving efficiencies. These actions are essential to mitigate the widespread impact of tariffs and market volatilities. 

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