Trucking Expects Freight Demand, Tight Capacity and Higher Rates to Continue

Insights

Freight industry executives expect a squeeze on trucking capacity that has been driving up shipping costs for U.S. companies to persist through the rest of the year, as strong demand in a rebounding American economy collides with a shortfall in truck availability. If there are more disruptions like the severe weather that roiled supply chains in the first quarter, “we could see some pretty chaotic overall truckload freight markets.”  Read more about it here.

Author: The Wall Street Journal