Steel Products
April 9, 2021
Trucking Capacity Strained by Recovering Economy
Written by Sandy Williams
The U.S. trucking industry is straining to keep up with demand as imports and retail shipping vie with construction and manufacturing for limited truck capacity.
Imports fell as the coronavirus took hold last March, but surged to 2.1 million TEU (20-foot equivalent units) in August 2020 as global economies reopened. The August record was subsequently broken in October as imports peaked at 2.21 million TEU. The National Retail Federation is expecting 2 million TEU or more to be the norm throughout this summer.
