NewsHK
The freight cycle is under strain.
The trucking industry is navigating a tight capacity environment alongside an ongoing driver shortage and the implementation of the Environmental Protection Agency's NOx emissions rule, a set of pressures compounding across the sector at the same time.
Capacity and labor are closely linked in trucking.
A shortage of drivers constrains the movement of freight regardless of equipment availability, and when capacity tightens against unmet demand, the cost of moving goods rises for shippers depending on ground transport.
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