Truckload and LTL Rates to Reach New Highs in Q3
The freight industry is experiencing a recovery as Truckload (TL) and Less-Than-Truckload (LTL) rates hit new highs in the second quarter. According to AFS Logistics and TD Cowen, these trends are expected to continue into Q3 due to capacity constraints and rising diesel prices.
Tickers: $JBHT
Topics: capacity constraints fuel prices logistics rates trucking