2021

After a year of disruption, trucking looks to rebound in 2021 on way to ‘very good’ 2022

After a year of disruption, trucking looks to rebound in 2021 on way to ‘very good’ 2022
Capacity could remain tight over the next 12 months as the trucking industry continues to weather the COVID-19 storm, opening up big possibilities as the pandemic subsides.
The trucking freight market could fully recover by late 2021 as truckloads return to pre-pandemic levels, according to forecasts from FTR :
* Truck loadings to increase more than 5% next year — after a 4% decline in 2020.
* The strongest increase is more than 6% for flatbed, but that segment also took the biggest hit this year
* The outlook for bulk and dump is slightly weaker at about 5%. The weakest growth forecasted is for tank at 3%.
CEO Eric Starks noted early in the session, which was focused on what’s to come in 2021, “There is no ‘normal’ anymore; we don’t even know what the heck that is.”
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