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Truckstop.com and Bloomberg Intelligence Survey Shows Carriers Remain Optimistic About Demand Despite Obstacles - April 27, 2022

Truckstop.com and Bloomberg Intelligence Survey Shows Carriers Remain Optimistic About Demand Despite Obstacles

BOISE, ID – April 27, 2022 – Carriers are optimistic about growth in volume and rates this year, despite rising fuel and equipment costs that are squeezing profitability, according to the latest Bloomberg | Truckstop.com survey, which polled owner-operators and small fleets.

“Bullishness has stayed at a historical high for carriers despite recent spot-market volatility,” said Lee Klaskow, senior freight transportation and logistics analyst at Bloomberg Intelligence. “The past three months have been a tale of the haves and have-nots when it comes to volume growth. Load growth could trend higher sequentially into May, providing some support to spot rates.”

The Bloomberg | Truckstop.com 1Q22 Truckload Survey shows:

“Carriers polled for this survey remain relatively positive despite the headwinds facing the industry from rising fuel and equipment costs,” said Kendra Tucker, chief executive officer, Truckstop.com. “We keep carriers’ businesses moving and their bottom line growing by providing them with the technology solutions they need to navigate these industry fluctuations, which is especially crucial during times when the market changes so drastically.”

The Bloomberg | Truckstop.com survey of owner-operators and small fleets provides timely channel checks into the health of the spot market. The sample size was 126, consisting of dry-van, flatbed, temperature-controlled and specialized/diversified carriers. Of the respondents, 60% operate just one tractor.

The complete survey is available to Bloomberg Terminal subscribers via BI.


About Truckstop.com
Truckstop.com is a trusted partner for carriers, brokers and shippers – empowering the freight community through a platform of innovative solutions for the entire freight lifecycle to increase efficiency, automate processes, and accelerate growth. As one of the industry's largest neutral freight marketplaces, Truckstop.com provides the customer service as well as scale of quality loads and trucks to give customers of all sizes, whether on the road or in the office, the transparency and freedom to build lasting relationships and grow their businesses. To learn how Truckstop.com is helping move the freight community forward, visit www.truckstop.com.

 

Media Contact:
Juli Burda
Truckstop.com
JuliBurda@truckstop.com


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