Trade deals should strengthen trucking industry

Feb 11, 2020 at 08:33 AM CST
John Kent, clinical associate professor of supply chain management and director of Supply Chain China Initiatives at the University of Arkansas, said heavy-duty truck purchases is one of the metrics he follows to gauge the health of the trucking industry and noted the numbers have been mixed over the past several months, indicating uncertainty in the market. Freight rates might rise in 2020 because of lower capacity as carriers go out of business and shippers have the same amount of freight that needs to be hauled, he said.

Feb 11, 2020 at 08:33 AM CST

John Kent, clinical associate professor of supply chain management and director of Supply Chain China Initiatives at the University of Arkansas, said heavy-duty truck purchases is one of the metrics he follows to gauge the health of the trucking industry and noted the numbers have been mixed over the past several months, indicating uncertainty in the market. Freight rates might rise in 2020 because of lower capacity as carriers go out of business and shippers have the same amount of freight that needs to be hauled, he said.