摘要: |
TRUCKLOAD (TL) CARRIERS are battling strong demand for capacity with sharply higher costs for everything from raw materials for their trucks to rising driver pay. "Fleets simply need more trucks and trailers," says Don Ake, vice president of commercial vehicles for research firm FTR. In fact, the demand for Class 8 heavy trucks could be more than 325,000 units this year. "But we don't know because supply is constrained," he says. "That demand could spill over into 2022." As for overall conditions in the $340 billion TL sector, where the top 25 carriers combined barely have a collective 10% market share, Ake contends: "It's a tough market, and it could get even tougher." The DAT spot market indicator showed TL rates remained near all-time highs during the week ending May 3, one year after bottoming out as U.S. economies closed during the pandemic. The seven-day average line-haul rate for dry van was $2.27 a mile in early May, which is 95 cents higher than the same period one year ago. Contract rates nearly always follow the spot market. |