Is Trucking Headed for a Multi-Year Recovery?

The freight market is undergoing its most significant structural shift since deregulation, with 20-25% of for-hire truckload capacity exiting. RXO’s Jared Weisfeld explains why this supply-driven correction, fueled by ongoing government enforcement and rising operating costs, points to a multi-year recovery ahead. Learn why prior cycle analysis might no longer apply and what shippers should do to prepare for increased volatility. The trucking market is not in a short-lived cyclical rebound but the early stages of a multi-year recovery driven by structural, government-enforced capacity reduction — that is the core argument made by RXO Chief Strategy Officer Jared Weisfeld in a recent FreightWaves interview. Weisfeld said enforcement actions around non-domiciled CDLs, English language proficiency, CDL mill crackdowns, ELDs and cabotage rules have been ongoing for roughly 12 months and amount to “the largest structural change to occur in the market since deregulation in 1980.