Feb 10, 2021 at 10:00 AM CST
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The freight business is booming as consumers spend all that cash they saved by staying home on stuff they think will make life at home more interesting. The last time rates were this high was 2018, and carriers responded by expanding their fleets instead of building up rates and margins. When those new trucks actually hit the streets in 2019, the economy had slowed and the capacity pendulum had swung in the customers’ favor. |