Sharp Increase In Demand For Trucks and Trailer Space Push Up Rates

The Journal of Commerce reports that freight brokers are seeing truckload rates rising 10 percent or more due to higher demand.

According to the story, a sharp increase in the demand for trucks and trailer space have pushed up truckload rates, sometimes as high as 20 or even 30 percent in some markets.

Due to a sour economy, capacity was cut. Now that demand is up, there are fewer trucks to go around.

Source: The Journal of Commerce


One thought on “Sharp Increase In Demand For Trucks and Trailer Space Push Up Rates

  1. Dump trucks are the most useful trucks for the construction industries and are playing vital roles in making the construction raw materials and other heavy equipments transferred and available to the site where required. These trucks are therefore called the lifeline of the construction industries.

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