Truckers Are Seeing Growing Freight Volumes

Trucking companies are reporting stronger freight demand as retailers and manufacturers move to restock depleted inventories, in a sign of strengthening corporate confidence in the U.S. economy.

Old Dominion Freight Line Inc. and Saia Inc. both said this week that tonnage on their trucks was up in the first weeks of the third quarter, while tight capacity and improving demand are driving prices on trucking’s spot markets to their highest levels of the year.