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.
John Paul writes about current events and economics, especially politics, finance, and commodities, and holds a Ph.D. in English literature from the University of Michigan. In previous lives John Paul studied Shakespeare in London and Buddhism in India, but now he focuses on transportation and logistics in the heart of Freight Alley--Chattanooga. He spends his free time with his wife and daughter herding cats, collecting books, and walking alongside the Tennessee River.
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