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 …

The post SCD: Trucking expects LTL, TL rates to soar through 2021 appeared first on The Loadstar.

Source: The Loadstar

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