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Thursday, September 06, 2018 Uncategorized

Fed by a stronger economy and the electronic logging devices (ELD) mandate, the trucking industry is now experiencing what is perhaps the tightest capacity crunch in history. By using data on tonnage and other freight trends across various industry segments, motor carriers and shippers can more effectively plan for the scarcity of trucks and adjust their operations to remain competitive.

Overall, handling over 70% of all freight in the U.S., the trucking industry continues to dominate freight transportation over all other modes. Total truck tonnage in 2017, including for-hire and private carrier operations, was more than 22% higher than its lowest point in 2009.

Read more: Transport Topics