April Market Update 2025
Andy Berry, VP of Stutsman Logistics, dives into the “elephant in the room” right now – tariffs. This month’s update looks at changes we have already seen in rates as well as the potential long-term impacts on the transportation industry if tariffs remain in place.
ABOUT ANDY BERRY
With more than 30 years of experience, Andy brings expertise in operations management, freight, TL Transportation, pricing strategy, and air freight. He is a Certified Transportation Professional (CTP) from the National Private Truck Council (NPTC), making him 1 of the 1,500 people nationwide with this distinction. He’s a graduate of Ball State University in Muncie, Indiana, where he earned his degree in Economics. Today, he lives just outside of Indianapolis with Cedar Rapids, Iowa as his second home—supporting our in-office team at headquarters.
Sources:
ACT Research. (2023). Classic truckload cycle [Infographic]. https://www.actresearch.net/resources/us-freight-sector/truckload-cycle
DAT Freight & Analytics. (2025). Dry van load-to-truck ratios [Infographic]. https://www.dat.com/blog/dry-van-report-truck-tonnage-rises-3-february-signaling-recovery
FTR Transportation Intelligence. (2025). Dry van spot rates [Infographic]. https://freight.ftrintel.com/spotmarketinsights
FTR Transportation Intelligence. (2025). Dry van spot loads [Infographic]. https://freight.ftrintel.com/spotmarketinsights
Morgan Stanley Research. (2025). Forecast as of the end of February 2025 [Infographic].
Morgan Stanley Research. (2024). Forecast as of the end of July 2024 [Infographic].
Morgan Stanley Research. (2025). Forecast as of the end of March 2025 [Infographic].
Morgan Stanley Research. (2024). Forecast as of the end of November 2024 [Infographic].