Will capacity return to trucking?

Aug 18, 2020 at 09:59 AM CST
If the COVID-19 pandemic has taught us anything, it is not to rely too heavily on the patterns and connections that helped us understand the world around us prior to the outbreak. While some connections remain intact – like tighter capacity leads to higher rates – there are many whose relationships have become disconnected. Key ones include between some of the macroeconomic measures and the trucking industry. The big question moving forward for surface transportation is “will capacity return like it did in 2018 after an extended period with an overheated spot market?”

Aug 18, 2020 at 09:59 AM CST

If the COVID-19 pandemic has taught us anything, it is not to rely too heavily on the patterns and connections that helped us understand the world around us prior to the outbreak. While some connections remain intact – like tighter capacity leads to higher rates – there are many whose relationships have become disconnected. Key ones include between some of the macroeconomic measures and the trucking industry. The big question moving forward for surface transportation is “will capacity return like it did in 2018 after an extended period with an overheated spot market?”