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Truckload Rates Hit Cycle Highs Amid Supply Tightness

Truckload linehaul rates reached cycle highs in April as capacity constraints continue to pressure the market upward. The surge reflects ongoing supply limitations in the market. Industry executives project truckload rates will climb approximately 20% over the next two years as carriers work to restore profit margins. April's rate increases align with broader supply-chain tightening. Port volumes surged in April as retail import activity remained robust, adding demand pressures on trucking capacity. The combination of steady shipper demand and limited carrier availability has created an environment favoring rate increases across the linehaul segment. Carriers continue signaling their intention to achieve sustainable margins despite shipper resistance to higher pricing.