Why This Trucking Recovery Is Different

Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.

Trucking’s freight recovery has arrived in an unusual way: There isn’t much more freight. Instead, fewer trucks and drivers are competing to haul it.

That’s the explanation Bob Costello, chief economist of the American Trucking Associations, offered during ATA’s Management Conference & Exhibition in Charlotte, North Carolina.

“We are in a cycle like we’ve never seen before,” he said. “And it is all supply driven.”

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