This year looks to be the strongest for North American truckload and less-than-truckload pricing since 2005 and 2010, reports the Journal of Commerce.
A “trucker’s market” is due to finally arrive in 2018, says analyst John Larkin, although supply and demand is tight across the industry as the domestic economy continues to grow at a slow pace.
Posted Tuesday September 26, 2017 in Business
The turnover rate at truckload carriers surged in the second quarter of 2017, according to American Trucking Associations, possibly reflecting a tightening market for drivers.
Economic growth should accelerate and impending regulations should give carriers the ability to increase rates next year, according to speakers at Newcom’s Surface Transportation Summit