SCD: Trucking expects LTL, TL rates to soar through 2021

SUPPLY CHAIN DIVE reports:

– Truck capacity will likely stay tight through the year, according to multiple analysts. That means carriers can expect continued benefits from elevated rates in the TL and LTL sectors. 

– Rate per mile in the TL market is set to grow through the end of 2021, according to the recently launched Cowen/AFS Truckload Freight Index. On the LTL side, the report projected that rate per pound will grow sequentially in Q4, despite the fact that weight per shipment has ...