---
title: "Weekly Transportation Update: Freight Economy Sinks as Overall Economy Grows"
description: The U.S economy grows in Q2, but the freight economy sinks.
image: https://today.ftrintel.com/hubfs/Hero%20Images/Shippers%20Hero%20Images/Shippers%20warehouse%202.png
---

![](https://today.ftrintel.com/hs-fs/hubfs/Hero%20Images/Shippers%20Hero%20Images/Shippers%20warehouse%202.png?width=1600&height=500&name=Shippers%20warehouse%202.png)

Economy WTU

# Weekly Transportation Update: Freight Economy Sinks as Overall Economy Grows

![The FTR Experts](https://7528315.fs1.hubspotusercontent-na1.net/hub/7528315/hubfs/raw_assets/public/mV0_d-cms-elevate-theme_hubspot/elevate/images/avatar-placeholder.jpg?width=48&height=48&name=avatar-placeholder.jpg)

 The FTR Experts

July 31, 2023

The U.S economy grows in Q2, but the freight economy sinks.

- Vehicle sales drive increase in real consumer spending in June.
- Diesel prices rise by the most since October during the latest week.
- Spot rates fall again for all truck equipment types.
- Rail carload and intermodal volumes hold steady in the latest week.

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## Keep reading

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class 8 trucks forecasting

### Class 8 Orders Surge Again as Industry Nears 2026 Production Capacity

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### Rail Traffic Holds Steady While Intermodal Extends Its Winning Streak

](https://today.ftrintel.com/rmu-june-26-2026)

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