Originally published at: Spot rates 25% behind inflation: A capacity crunch could change that - FreightWaves
The U.S. trucking industry continues to face a harsh economic reality: spot rates have failed to keep pace with inflation, squeezing carrier margins and contributing to significant financial pressure on truckers nationwide. Here’s a clear visual of the disconnect — spot trucking rates (via the SONAR National Truckload Index) overlaid against the Consumer Price Index…
This is very misleading. Truck Rates have never kept pace with inflation. Now do Truck Rates since 2010 vs CPI Craig.
Thank you for this article. There needs to be a better general understanding as to what trucking companies have gone (and continue to go) through, and why so many American companies have failed over the past 3.5 years.