Freight turnaround might take until 2025: analysts

Analysts predict that weak conditions in the freight market will continue until late 2025, due to factors such as saturated inventories and rising interest rates. While the US economy will not fall into a recession this year, growth will be slow. The Federal Reserve's efforts to curb inflation have had some impact on consumer spending, but not enough to drive down inventory levels. Higher costs and rising interest rates will further hinder spending and dampen the demand for shipping.

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Frequently Asked Questions

Q: What is the forecast for freight turnaround?

A: According to analysts, the forecast for freight turnaround suggests that it might take until 2025. Higher interest rates and tepid spending are contributing factors to this timeline. [source]

Q: Why is freight turnaround taking until 2025?

A: Freight turnaround is expected to take until 2025 due to higher interest rates and tepid spending. These factors are impacting the long-term forecast for the industry. [source]

Q: Who made the prediction about freight turnaround?

A: Analysts made the prediction that freight turnaround might take until 2025. [source]

Q: What are the factors dragging down the long-term forecast for freight?

A: Higher interest rates and tepid spending are the factors that are dragging down the long-term forecast for freight. [source]

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