Rising Asian vehicle exports have surpassed falling volumes from the west, forcing trade reshuffling and a rise in ballast trips.
Truckload carriers told the Wells Fargo industrial conference their market is tightening slowly, but enforcement of cabotage and language rules may speed the process.
While some markets grapple with the lingering effects of trade disputes and fluctuating demand, others are experiencing unprecedented growth driven by green initiatives, robust domestic infrastructure development and the necessities of defense.