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The freight market experienced a 3% sequential tonnage increase in February as well as its second straight year-over-year gain, furthering optimism it is emerging from its recession.

U.S. Class 8 retail sales in February tallied below the year-ago level, continuing an early trend for 2025, according to data from Wards Intelligence.

The freight market didn’t change much starting the new year with tonnage remaining sequentially the same for January, American Trucking Associations reported.

U.S. Class 8 retail sales started the year on a down slope, losing ground on both a monthly and year-over-year basis, according to data from Wards Intelligence.

The freight market finished the year on a downward slope as tonnage declined on both a monthly and annual basis in December, American Trucking Associations reported.

U.S. Class 8 retail sales closed out 2024 by trending below year-ago levels, according to data from Wards Intelligence.

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.

Sales increased 3.3% to 19,658 units from 19,027 during the same time last year. They decreased 5.8% from the 20,859 units reported in October.

The freight market showed renewed signs of recovery in October after stumbling in September, American Trucking Associations reported.

U.S. Class 8 retail sales continued the pattern of trending below year-ago levels in October, according to data from Wards Intelligence.