Thomas Wasson
Wednesday, January 4, 2023
Loaded and Rolling: Inventory levels impact truckload contracted rates
Persistently higher inventory levels are causing a drag on truckload tender volumes as 2023 begins. 2019 and 2018 SONAR data indicates we may approach levels of pre-pandemic seasonality, but higher truckload capacity will continue to negatively impact rates until enough truckload supply leaves the market.