Posted on: Jul 31, 2013
After hitting a historic lows the previous two quarters , truckload capacity has reached a one year high in this second quarter of 2013 on freight demand increases. While the rise in demand has been welcomed news this year, capacity still remains 19% below the peak seen in 2006.
This one year high can be attributed to the strengthened freight demand this year, which has coincided with improved trade volumes and re-surging consumer spending. A survey of motor carrier owners indicates growing confidence and the majority are planning on slowly increasing their capacity, from 1 to 5 percent on average over the next 12 months. While the data reflects a positive trend in 2013, the major carriers are going to be very cautious in maintaining the balancing act between supply and demand in what is being predicted to be flat peak season to conclude 2013.