Rates Could See a Big Boost in 2017 and 2018, Forecasters Say

The combination of major trucking regulations like the DOT’s electronic logging device mandate and the EPA’s coming emissions standards, increasing fuel costs and a boost in manufacturing will likely lead to an industry capacity crunch and a big increase in rates, said forecasters this week.Transportation economist Noel Perry, speaking at the 2016 FTR Conference in Indianapolis this week.Even though rates have been in a persistent downward trend since early 2015, carriers may soon be asking thei...