Less freight is being moved than before. At the same time, many trucks have left the market. This means there are fewer trucks available to haul loads.
With fewer trucks on the road, freight rates have started to improve. This could help trucking companies and owner-operators earn more money.
Experts say the market is getting better because trucking capacity is lower, not because there is much more freight.
If this continues, carriers could see stronger freight rates in the coming months. However, the market will still depend on freight demand and the U.S. economy.
Source: The Trucker's Report