Capacity Crisis: Trucking Rates Remain Stuck Near Record Highs A stubborn bottleneck is emerging in the freight industry, as US shippers face tighter capacity despite record high trucking rates.
Carriers are holding back on new equipment purchases, and drivers remain scarce – a perfect storm that's squeezing shippers trying to expand their volumes.
The ACT Research For Hire Trucking Index shows freight rates holding near record territory. The June survey reveals that the Freight Rate Index fell 9. 5 points month over month to a seasonally adjusted 70.