Surging truckload demand continues to outpace capacity, while businesses also continue to grapple with broken supply chains, according to the latest Signal Report from DAT iQ.
In response to the disruption and volatility of the market during the COVID-19 pandemic, flexibility has become crucial to survival for trucking companies.
The country is slowly emerging from the pandemic, with the U.S. averaging 2.5 million vaccine doses a day. That hasn’t yet led to more stable truckload markets, however, and several factors could keep capacity tight for the next few months.
When the COVID-19 pandemic hit in early 2020, it quickly became apparent that the ways companies approach transportation procurement and freight bidding were going to have to change — and fast.
While supply chain disruptions continue to create tight truckload freight markets, there are signs that the markets will soften in the weeks and months ahead, according to the Pulse Signal Report from DAT iQ.
