Truckload capacity in February is less restricted than January but still much tighter than a year ago. Capacity on the west coast and in the upper mid-west is relatively loose compared with the rest of the country according to spot board postings. We are expecting a shift to tighter markets as home improvement season begins and as the ELD enforcement is implemented.
Spot Market Trends
The latest data from 2015 shows that trucking is the dominant mode with a total share of 82% when combining LTL, Truckload, and Parcel. However, as a result of the e-commerce boom over the past several years, we believe parcel’s share has likely doubled.