Large truckload carriers continue to shed trucks, according to the JOC Truckload Capacity Index. Logistics providers, however, report ample available truck capacity.
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Covenant Transport
Covenant Transport
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29 Oct 2019
US motor carriers blamed “an oversupply of truckload capacity” for greater-than-expected pressure on earnings in the third quarter.
29 Jul 2019
Large US truckload carriers are cutting excess capacity, albeit only slightly, pulling the JOC Truckload Capacity Index down for the first time since 2016.
25 Jul 2019
Landstar System and Echo Global Logistics reported lower second-quarter earnings, while 3PLS are uncertain whether the malaise will linger through the end of this year.
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
19 Mar 2019
There are increasing signs that pricing power in the truckload market might be shifting towards shippers sooner rather than later, or it might just be a temporary blip before rates rise again in the spring.
26 Feb 2019
Double-digit revenue increases may be more difficult to come by this year than in 2018, but profits and acquisitions are expected to fuel the fastest-growing truckload and LTL companies.
08 Feb 2019
US truck capacity loosened significantly in the first quarter, especially on the spot market, but shippers shouldn't expect a "glut" of excess capacity this year.
06 Feb 2019
Collaboration is still high on the to-do list of US shippers and their transportation and logistics partners in 2019, despite slower economic expansion.
05 Jul 2018
The Landair Holdings acquisition underscores strong shipper demand for dedicated services to meet delivery demands.
