Healthy Economy Impacts Freight Capacity

The transportation sector is benefiting from a healthy economy, and this has led to tight truckload and intermodal capacity and expectations for a strong peak season, analysts said. Also tightening is the driver market as the turnover rate continued to rise in the second quarter.

The turnover rate rose to its highest level since 2015, increasing to 98% in the second quarter, according to trade organization American Trucking Associations (ATA).   MORE

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