We agree with those who predict a slow-but-potent recovery for the remainder of the year – something that lays the foundation for unbridled growth in 2021. However, we also believe even the steadiest recovery will have stark ripple effects for shippers and carriers alike. Just as in our prior forecast, we expect to see a fair amount of capacity come out over the next couple of quarters. Moreover, we do believe that notwithstanding any flare-ups of cases and hospitalizations, Q3 of 2020 will usher in a sense of relief and resolve as the country focuses on recovery – confident the worst very well may have passed.

Download the COVID-19 Forecast Update

Trucking is a complex and unpredictable industry even when times are normal.

Over the past several weeks, shippers and carriers alike have pushed their limits to keep shelves stocked and the U.S. economy afloat. We’re proud of how the transportation industry has done its part amidst the stress and uncertainty of a pandemic.

But, after the pandemic subsides, what does the future hold for our country’s economy and trucking industry?

In order to understand the impact of COVID-19 on the freight industry, U.S. Xpress has been keeping tabs on forecasts and data from Wall Street firms, transportation analysts, and government authorities. Over the coming months, we’re going to share our analyses and observations into the future of freight.

We released our first COVID-19 Impact Forecast earlier this week. After sharing it with our customers and colleagues, we’d like to share it with you.

We’ll update and refine our view into the state of freight as we learn more about the public health and economic impact of the pandemic.

Trucking is a proud but humble industry – it’s full of heroes that are often taken for granted. No matter what the near-term future will bring, we should all be proud of the role our industry has played in sustaining our country amidst this crisis.

Now, let’s prepare for what lies ahead.

Fill out the form below to download the COVID-19 Impact Forecast: