Freight Recession Ending as Truck Capacity Tightens
Freight Downturn Easing
CNBC reports that signs indicate the freight recession may be ending. The SONAR Truckload Rejection Index has reached a year-high, suggesting improved demand for trucking services.
Tightening Truck Capacity
In addition, the Department of Transportation is tightening enforcement on trucking regulations. This could lead to reduced truck capacity, which may push shipping rates higher in the near future.
