Feb 23, 2020 at 12:40 PM CST
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It is still early in the year, and there are still plenty of hurdles to overcome for carriers, but a often overlooked pattern has changed since last summer that may help their bottom line — longhaul volumes (loads that move over 800 miles) have been averaging over 8% higher since September of last year. Through much of 2019 volumes were dramatically softer than the previous year before starting to recover later in the year. June volumes — normally one of the two annual peaks of activity — were almost 7% lower than previous year. With many carriers having expanded their fleets to accommodate the volumes of high-volume growth in 2018, many struggled to keep their drivers on the road in 2019. |