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U.S. Freight Recession Deepens Amid Mixed Economic Signals

10/8/2025

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Story summary
  • The U.S. freight recession deepens as heavy truck sales fall since 2023.
  • The Cass Freight Index dropped 9.3% year over year in August, with 29 consecutive declines.
  • GDP growth was revised up to 3.8%, creating a mixed economic outlook.
  • The Logistics Managers' Index shows September transportation utilization at its lowest level, with prices stable but negative trends.