If I had to guess, it’ll stay soft for a while before any real recovery. There’s still too much capacity compared to demand, and rates are reflecting that.
Maybe toward the second half of the year things start to tighten up a bit, but I wouldn’t expect a quick rebound. Feels more like a slow grind back to balance.
I feel like you hit "post reply" back in 2022, but have really bad internet and so it just posted right now. There is no way this is your take in 2026.