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'Off the charts' demand: Lenders enjoy ride as trucking thrives

Aug 19, 2018 at 05:25 PM CST

Trucking companies are on an incredible roll, raising a question for their lenders: Do they keep on truckin’, or slow down to avoid a big wreck in transportation finance?

Thanks to the strong economy and other factors, U.S. truckers are charging their most expensive prices in at least five years. The average price in July to ship goods was 38.6% higher than in December 2003, when a federal government index was created. That was 12% higher than a year ago.