Drivers in the Driver's Seat as Freight Market Booms The trucking industry is experiencing a boom, with freight volumes soaring due to pandemic related disruptions that have left the global supply chain struggling to catch up.
Van and flatbed volumes are up significantly – van volumes are 6. 4% higher than their six month average, while flatbed demand has skyrocketed by +77%.
This surge in demand is not just about capacity; it's also about competition for talent. As major fleets struggle to recruit and retain drivers, they're being forced to pay a premium to maintain their headcount.