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American Trucker | FTR: Little to No Truck Capacity Ahead for Early 2018

01.03.18 | American Trucker Staff

Truck capacity is expected to be tapped out by early spring 2018, according to data tracked by research firm FTR Transportation Intelligence, and it could tighten sooner if freight demand grows faster than expected or a major winter storm develops.

“The hurricanes highlighted the lack of extra [truck] capacity available in the system,” noted Eric Starks, FTR’s chairman and CEO, in a statement, which was followed by what he called “continued strong freight conditions” in the third and fourth quarters this year.

Related: How quickly will ELDs be felt in the freight market?

“Shippers are really feeling the pinch right now and there is fear that the ELD [electronic logging device] mandate will impact capacity in the spring,” Starks stressed. “We have essentially hit the 100% capacity mark; there is little, if any excess truck capacity.”

He said trucking freight rates, in both the spot and contract segments, have been increasing for shippers, which is an “immediate reflection” of the tight truck capacity situation.

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