Creative solutions may be needed for capacity market: FTR
BLOOMINGTON, IN – FTR Intelligence is predicting the strong start for trucking in 2018 will continue, leaving fleets to get creative when solving the problems created by a market already at capacity. Avery Vise, vice president trucking research, says although fuel rates leveled in the first week of the new year, they aren’t expected to drop dramatically in the near future, contributing to record-level spot rates and rising contract rates he expects will peak and then fall sometime in late 2018 or early 2019, but will still remain high. The reefer market was also up in the first week of 2018, with a polar vortex creating an increased need for temperature-controlled transport to keep products from freezing.
