US trucking still in low gear, as volume and rate decline continues
US trucking business hit new lows since an outbreak of Covid in the second quarter, ...
In his recent diagnosis of the state of the US trucking industry, American Trucking Associations (ATA) chief economist Bob Costello brought up a factor rarely mentioned in the discussion over the plight of truckload operators: loss of traffic to private truck fleets.
“One of the reasons why freight hasn’t recovered as much is because private fleets have taken some of the share, which by the way, has not happened in a very long time,” he told the ...
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