Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions.
The average contract rate for dry vans was $2.79 per mile, up 6 cents compared to June.
Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions.
DAT forecast shows little relief as delayed ships lay anchored off west coast, and chassis trailer shortage deepens.
DAT forecast shows little relief as delayed ships lay anchored off west coast, and chassis trailer shortage deepens.
Despite the challenges of a driver shortage, scrambled supply chains and order backlogs, conditions for making money in trucking have exploded since the lift of spring 2020 COVID-19 pandemic lockdowns. See the data that backs it up from HDT's 2021 Fact Book.
Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation amid pandemic-related supply chain disruptions.
Freight levels moderated in June, but only by a little, according to reports from several sources.
The e-commerce boom catapulted the 3PL market into the spotlight, but implementing automation and employing driver safety and recruitment programs help trucking companies keep on truckin'.
As industries ramp output from increased demand in the second half of 2021, truck freight demand also is expected to rise, according to a trucking industry report.