Ltl freight carrier

Trucking Industry Outlook for 2019

Trucking Industry Outlook for 2019

As you prepare for the New Year, it’s important to take a close look at the trucking industry outlook for next year.  Areas including freight rates, shipping capacities, and truck orders indicate a booming and in-demand industry.  Take stock of where your trucking company can expect growth in 2019 and where you need to adapt for the year ahead.  

Spot Rates Highest in Two Years, Expected to Rise Through Year’s End

Spot Rates Highest in Two Years, Expected to Rise Through Year’s End

Natural disasters, driver shortage, a growing economy, higher input costs, increasing pay for qualified drivers…all factors contributing to the highest spot quotes the industry has seen in over two years with van rates on the truckload spot quote market reaching a national average of $1.94 per mile and reefer rates increasing from $2.19 to $2.22 per mile week-over-week, according to DAT Trendlines.