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Monday, March 23, 2020

In these Coronavirus times, truckers are buying up trucks and trailers to meet freight demand.

The demand for hospital equipment, food and supplies has truckers working overtime. 

Amid the Coronavirus outbreak truckers have been the saviors of the country hauling supplies and groceries too much needed families and healthcare professionals. According to the DAT, spot rates have increased 6.1% for the demand of truckers able to deliver goods during these coronavirus times.

Similarly, truck prices are beginning to swing up due to such high demand for freight. Fortunately for the trucking industry, this will only get better as we are in what seems to be the bottom of the new market. Diesel prices have seen a significant decrease, along with a high demand for freight only spells out big cash for truckers and freight companies.

Wednesday, March 4, 2020