As we settle into our new administration, it’s no secret that uncertainty over the economy could impact the trucking industry. While many questions remain unanswered, this doesn’t mean we are taking a backseat as we continue driving into 2025. 

Freight Rates Are on the Rise

One thing is for sure: freight rates will rise. It doesn’t take much to affect freight rates, and while the situation is still uncertain, the introduction of the tariffs has spiked rates already. Experts note that this could lead to lower consumer spending and less demand. Creating deep-rooted connections, showcasing expertise and dependability is as important as ever.

Pressure on the Economy 

As the prices of everyday items rise, spending habits will change. This is why trusted relationships are essential. When customers know they can depend on you, they will work with you, paying extra costs, to ensure effective and consistent service with minimal disruptions.

Sureway is Working for You

At Sureway, we continuously stay informed on the policies and regulations that may affect the road ahead. As we adapt to the impact of tariffs in our industry, we will continue to develop tools and resources to support you as well. 

To help you navigate all things tariff-related, our parent company, ATS, created a podcast episode all about tariffs, here. And they started the year with some insight on our shifting market, which can be reviewed here.