Supply and demand are both contributing to the tightest utilization rates in the history of ACT’s utilization modeling. On the demand side of the equation, hurricanes in Q3’17 followed by the Tax Act in Q4’17 have contributed to strong levels of freight creation. Simultaneously, the ELD mandate (coupled with tough long-term demographic trends) have constrained the industry’s ability to supply sufficient driver capacity. With economic growth expected into 2019 (and beyond), capacity utilization is expected to remain at high levels into 2019
Supply and demand are both contributing to the tightest utilization rates in the history of ACT’s utilization modeling. On the demand side of the equation, hurricanes in Q3’17 followed by the Tax Act in Q4’17 have contributed to strong levels of freight creation. Simultaneously, the ELD mandate (coupled with tough long-term demographic trends) have constrained the industry’s ability to supply sufficient driver capacity. With economic growth expected into 2019 (and beyond), capacity utilization is expected to remain at high levels into 2019
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