On Dec. 18, the first day of the ELD mandate, DAT data showed tight capacity across the country. FreightWaves spoke to DAT analyst Mark Montague about the crunch. “The map shows posted loads over posted trucks. We saw these ratios go up before the hurricanes and the retail season started, but the reason there’s so much pressure in the market is that all these factors are combining. A strong economy, late December surges in retail volume, and ELD fines beginning all at the same time. Now that we’re a week out from Christmas, it should slow down… but instead I don’t see anywhere in the country at all where there’s softness,” Montague told FreightWaves.
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John Paul conducts research on multimodal freight markets and holds a Ph.D. in English literature from the University of Michigan. Prior to building a research team at FreightWaves, JP spent two years on the editorial side covering trucking markets, freight brokerage, and M&A.