Originally published at: Truckload carriers eyeing multiyear rate upcycle - FreightWaves
The truckload market appears poised for a prolonged period of rate hikes, as the upcycle has just gotten underway. A pronounced shift in truck capacity is benefiting large, well-capitalized carriers, while posing significant risks to shippers that failed to foster sustainable partnerships during the multiyear freight recession. The capacity levers being pulled continue to favor…