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Stock impact report

Trump trade war is wrecking hope for 2025 US trucking rebound [Yahoo! Finance Canada]

Roper Technologies, Inc. (ROP) 
Last roper technologies, inc. earnings: 4/28 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.ropertech.com
The $906 billion U.S. trucking industry was clawing back from a nearly three-year freight recession before Trump took office on January 20. Now that Trump's import duties are in force, the bounce-back that the industry hoped for is at risk. Truckers this month are moving more volume than they did during the pandemic peak in 2021, fueled by tariff avoidance, Dean Croke, principal analyst at Roper Technologies' DAT Freight and Analytics, told Reuters. That volume is masking deteriorating demand from key sectors - particularly domestic manufacturing, which drives more than 60% of big rig ton miles, and ocean imports. "Things have turned south in a hurry with this trade war that's emerging," Croke said of the outlook for U.S. trucking. "None of the signals are good when it comes to truckload demand." As of Monday, the spot rate for a semi trailer of goods, known as a dry van, was $1.60 per mile excluding fuel, up slightly from $1.54 a year earlier, said Croke. He expects year-o Show less Read more
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