Tariff Turbulence and a Rail Megamerger: What Brokers Need to Know Heading Into Q4
Freight brokers face Q4 turbulence with tariffs, the end of de minimis, an 80% USPS traffic collapse, and a proposed $85B rail merger.
The number of operating freight brokerages has experienced its most significant decrease since a notable dip in 2014, with growth rates turning negative from July 2023. By October 2023, the count of active and authorized brokerages decreased by 5.6% compared to the same month in the previous year. This decline follows a period of rapid expansion during the pandemic.
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