March 8, 2025: The U.S. stock market experienced significant declines amid fears of a potential recession, attributed to President Trump's aggressive trade policies and job cuts.
For shippers: Economic uncertainty may affect demand for goods and shipping services.
For freight brokers/carriers: Market volatility could lead to fluctuations in freight volumes and rates.
For U.S. consumers: Economic downturn fears may impact consumer confidence and spending.
For Canadian consumers: Economic instability in the U.S. could have ripple effects on the Canadian economy.
