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Weekly Transportation Update: Auto and Light Truck Sales Decline But Remain Above 2022 Average
The FTR Experts
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Auto sector continues to fuel higher U.S. imports from Mexico and Canada.
- Auto and light truck sales declined in May but were still well above the 2022 average.
- Wholesale inventories are still highly elevated relative to sales..
- Spot volume falls during Memorial Day holiday week, but rates change little..
- Intermodal and carload volumes fall as expected during the holiday week..