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Trucking Industry Economy Outpaces US Economy as Capacity Tightens


Trucking has been one of the saving graces for the US economy as driver shortage and increased capacity means tighter margins across fleets. Average per mile prices have risen for van loads (average $2.46), flatbeds (average $2.46) and refrigerated trucks (average $2.60). According to the Logistics Managers Index, “September’s robust readings are driven primarily by the tightening capacity in both transportation and warehousing as the demand for logistics services increases ahead of the fourth quarter”. Read more