Tight trucking capacity

Shippers are likely to remember 2021 as the year with the tightest trucking capacity they’ve encountered in a long time. By some measures, this seemed to contradict the typical supply and demand equation. With less or similar demand and more supply than before the pandemic, why did truckload capacity stay so tight? Two supply-side factors help explain why.

Jason Miller, associate professor of supply chain management at Michigan State University, shares his insights and offers recommendations for what shippers can do to obtain capacity and plan for the coming months.