Truck Capacity Shortage Persists as Freight Rates Stay Near Record Levels
· Source: globltrademag.com
In short
According to ACT Research's June For-Hire Trucking Index, shippers face a persistent truck capacity shortage while freight rates remain near record highs. The capacity index reached a 43-month high, while driver availability remains a critical bottleneck due to new federal regulations. Fleet purchase intentions are subdued as carrier profit margins have not yet recovered from Great Recession-era lows.
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Tags: trucking, freight rates, capacity, driver shortage, supply chain, logistics