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long freight recessionCNBC
•78% Informative
Logistics executives say the long freight recession is finally ending and rates will increase in the back end of the third quarter .
Trucking stocks including JB Hunt , Knight-Swift Transportation and Schneider National rallied over the past month .
Data from Motive tracks trucking visits to North American distribution facilities for the top five retailers shows freight volume is up 30% year-over-year in June .
Big chains holding sales early to get ahead of Amazon 's Prime Day.
Bargains attractive to shoppers who have discretionary money to spend but are looking for value.
SONAR data tracking ocean freight orders shows a decrease in ocean freight from China .
Luxury retailer Hugo Boss joined Burberry today in announcing lackluster demand.
VR Score
88
Informative language
92
Neutral language
72
Article tone
formal
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English
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51
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Attention-grabbing headline
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Known propaganda techniques
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short-lived
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