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Tight trucking capacity won't ease until later in 2021

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Apr 07, 2021 at 08:52 AM CST
The overall freight environment has seen strong demand over the last few months, as consumer spending remains strong and weighted toward goods rather than services. "The strength in the spot market is, of course, not new," Avery Vise, the vice president of trucking at FTR Transportation Intelligence, said in an email Monday. "Loads and rates have been running well ahead of year-earlier levels since the middle of 2020."

Apr 07, 2021 at 08:52 AM CST

The overall freight environment has seen strong demand over the last few months, as consumer spending remains strong and weighted toward goods rather than services. "The strength in the spot market is, of course, not new," Avery Vise, the vice president of trucking at FTR Transportation Intelligence, said in an email Monday. "Loads and rates have been running well ahead of year-earlier levels since the middle of 2020."