HOS is slowing the rate increases for trucks

"An uneven flow of freight volume combined with the still-uncertain impact of changes to hours of service (HOS) regulations that went into effect July 1 are retarding the ability of carriers to win significant rate increases, at least for the moment."

 According to Jonathan Gold, vice president of the National Retail Federation, told Fleet Owner than many of the group’s members are “still trying to figure out” what alternations they’ll need to make to their supply chain operations due to HOS changes. Gold went on to add, "Many are still trying to ascertain what changes will be needed, it’s all part of evaluating their supply chain needs.” What does this mean for the industry? It means that U.S. economic growth should continue to strengthen and thus boost freight demand and hopefully things can get to a consistent growing level again. 

Curtosey of Fleet Owner