A strong freight market and manufacturer backlogs have ignited demand for leased equipment from fleets far surpassing supply. This extraordinary demand could continue to outstrip supply well into 2022.
Companies need to think outside the box in order to meet consumer demand despite crowded ports and constrained capacity. Mobile warehousing and storage offers an affordable solution.
Just 3½ years after J.B. Hunt Transport Services purchased its first International LT Series on-highway tractor, the carrier has taken delivery of its 5,000th from Navistar.
Recent market volatility could prompt carriers to choose leasing over buying as they build their fleets back up to meet rebounding demand.
