Zach Strickland, FW Market Expert & Market Analyst
Saturday, September 24, 2022
Trucking caught in crossfire of Fed’s war on inflation
The ghost of Paul Volcker is stalking truckload carriers as Fed Chairman Jerome Powell looks to his mentor’s 40-year-old strategy to quell inflation. The lagging impacts from the recent interest rate hikes will inevitably erode demand several months into the future.