Welcome to 2021!
Kind of sad when we are hoping to see LTL carrier performance get back to the mid-'80s! But as long as COVID and its disruptions persist and the TL market remains tight we remain a broken record.
Poor performance isn't stopping the LTL industry from gearing up for significant rate hikes. Check out the following article for a good piece on their "bullish" outlook in 2021.
Updated weekly charts on spot rates, capacity, and LTL performance below as well as an interesting chart showing clearly that this is ALL carriers and systemic, not isolated. When the premium carriers are down (the likes of FedEx and Old Dominion) it's an industry issue.
