Carriers flock to cash-strapped government loan program

April 28, 2020

More than 80% of fleets surveyed last week said they have seen a decrease in freight levels since the coronavirus pandemic hit the U.S. in early March, with more than half (56%) reporting a significant decrease. Fleets are split on whether there’s more ground to lose, however, with just more than half (55%) saying they expect freight levels to remain the same or increase in the next 30 days, and 45% reporting they expect freight to decrease in that time. This survey data is based on 232 fleet respondents, ranging in size from 10 trucks to those with more than 1,000.

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