News / As US truck capacity stays tight, rising demand and costs push up rates

Photo 195469615 © Hanna Tverdokhlib - Dreamstime.com

Trucking rates in the US are continuing to climb, with little relief in sight for shippers.  

Demand is expected to remain strong through the year, costs for truckers have gone up and recent contracts have shown mid- to high single-digit rate increases. 

In Q4 20 spot rates increased in the low double-digit range as capacity continued to tighten, and it will be strained further in the coming months, according to the American Trucking Association (ATA).  

ATA chief economist Bob Costello predicts tight capacity throughout the year and ...