Mutually Beneficial Antidote

• On several occasions, I have commented about a looming truck capacity shortage. A soft North American economy, coupled with political uncertainty and concerns about Europe and China, are discouraging carriers from making investments in their fleets. Truckers are seeking to maximize the utilization of their existing assets and improve yields, particularly with rising equipment costs, increasingly burdensome government regulations, and a shrinking pool of qualified drivers. However, the on-demand truckload model creates uncertainty as truckers wait for shippers to book a load and/or to balance a lane. Shippers are becoming increasingly concerned about finding the capacity they need to move their freight. They are also concerned that tight capacity will lead to rising freight costs. Capacity shortages in various North American markets this year have caused shippers to seek out options to current transportation processes.mutually beneficial antidote