Analyst predict rising trucking rates in 2020. The year could potentially see supply-side constraints that drive up truck pricing to 2018 levels.
Some of these constraints are:
- The ELD rule
- Increase in insurance rates
- The Drug & Alcohol Clearinghouse
- The International Maritime Organization (IMO) regulation
- The California Assembly Bill 5
To read more about the 2020 predictions and how supply side constraints could affect trucking rates, go to FreightWaves.