Analysts anticipate that European freight markets will eventually rebound as capacity tightens and demand grows, though significant improvements are likely to be seen in 2025 rather than immediately. According to a report by Jefferies analysts on 6 August 2024, the industry is currently in a prolonged phase of carrier attrition. While there have been some positive signs in the spot market, more substantial evidence is needed before declaring a market turnaround.
Fleet demand softening in Europe, but ‘inflection’ coming
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Friday, 16 August 2024
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