Freight and Rates within the Trucking Industry

Freight and Rates within the Trucking Industry

In 2009, the trucking freight rates depressed drastically. Trucking freight rates have gone down by over 10% in 2009. Estimates, though, have stated that trucking freight rates will have an upswing by 10% of current costs in 2010 and 2011. This is because the current trucking freight rates has allowed demand to exceed current capacity. It is unfortunate, though, that the rising trucking freight rates have also led to many jobs being lost.

Companies have had to downsize, or go bankrupt, because of the rising trucking freight rates. Fuel, for example, counts for about 55% of

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