Trucking capacity won't recover until 2027

Don't expect significant trucking capacity to return until 2027. Dr. Jason Miller, an Eli Broad Endowed Professor of Michigan State University, shares his insights on the current state of the freight economy, revealing a split between booming industrial sectors driven by AI and struggling consumer/housing markets. He breaks down the timeline for capacity recovery, the price-agnostic nature of high-tech demand, and the challenges facing driver recruitment and retention.