The trucking business can be fickle, the start of 2018 saw such growth in demand due to the resurging economy and tight capacity due to the driver shortage. A strong economy and higher demand are definitely good things, but when capacity can’t keep up it leads to a challenging climate for shippers including rising transportation costs.
What are big factors that are effecting this surge in demand? A major driver is the growth of consumers buying from ecommerce retailers instead of shopping at actual stores.
Read more about how capacity can not keep up with demand, here and how the trucking industry is amid intense upheaval, and equilibrium is still a long way off.