We titled this piece "We're not in Kansas balance anymore..." because the Q3 2025 freight market was a chaotic journey down a volatile, yellow brick road. Many in the industry—shippers, carriers, and advisors—were hoping for a return to the golden days of a balanced market, but instead, we ran into an array of disruptive factors, including escalating tariffs, an uncertain interest rate environment, and global conflicts. The much-anticipated market shift that was supposed to rebalance the landscape failed to materialize, leading to a freight environment where predictions faltered, capacity stubbornly refused to exit, and the market remained without firm footing.
The truckload sector, in particular, continued to struggle through a dense fog of uncertainty, seeing glimpses of a rebound while ultimately being stretched by weak demand and stubborn overcapacity. The Cass August data confirmed this trend, revealing that shipments were down a significant 9.3% year-over-year. As we enter the final quarter of 2025, our clients aren't searching for fairytales; they are searching for predictability.
Evans is committed to providing clear data and trends to help you navigate a complex, non-linear path forward. Contact us today.
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