French shipping giant CMA CGM SA warned of a steep drop in demand so far this year, extending a slump that led to a more than halving of quarterly profit.

Program Aired: June 17, 2021. As our economy reopens, trailer orders are at unusually high volumes. When freight demand outpaces your operations, it’s difficult to meet deadlines and keep customers happy. Hear directly from a leading carrier and trailer leasing company about how they are staying prepared to maximize trailer utilization and maintain a high level of customer service.

Trucking is handling increased demand and awaits a potential surge of pent-up activity because of the coronavirus, but what that means for the industry long term remains an open question.

After a 2018 that saw record-setting levels of freight-hauling demand and driver pay as tonnage levels reached a 20-year high, the trucking industry is expected to remain strong in 2019 but undergo a bit of a cool-down, economists say.