That only tells a small part of the story, however. Specialized operator Jim Stewart, over in Overdrive’s LinkedIn group, commented to that effect followed this news item, spelling out employment numbers, which continue to grow in trucking. Still, the industry, on a pure size basis measured by payroll jobs, is about 4 percent behind its peak in January 2007.
That might not be a bad thing, as other metrics have been looking better lately, of course — tight capacity is driving rates up, as reports from the spot market over the last several months have shown. Here’s how Stewart put it:
In any case, sound off on the capacity issue in truckload here. While most of us might agree, I’m guessing, on the result — better rates than what we’ve seen in the recent past — what’s the primary driver as you see it? Vote in the poll here.
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