The combination of strong fleet growth, weak freight growth, and an easing of driver supply constraints took what was an historically tight capacity market in Q2’18 (96.5%), and turned it into a loose capacity market by Q2’19 (92.2%). As ACT measures capacity, 91% is considered neutral.
The combination of strong fleet growth, weak freight growth, and an easing of driver supply constraints took what was an historically tight capacity market in Q2’18 (96.5%), and turned it into a loose capacity market by Q2’19 (92.2%). As ACT measures capacity, 91% is considered neutral.
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