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![2019 Was A Win-less Season For Trucking...2020 Will Feel Like Winning The Super Bowl]( "2019 Was A Win-less Season For Trucking...2020 Will Feel Like Winning The Super Bowl")
2019 will be remembered as a really tough year for trucking companies. Largely, this was caused by too much capacity added to the market in 2017 and 2018, after which (2019) the freight market slowed down. Depressed spot rates and pressure from shippers to move freight to cheaper carriers created a ceiling on contract rates in 2019 and caused spot rates to trade near the market floor.
from Yahoo Finance https://ift.tt/39llct1
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