As the Energy Bubble Bursts, New Freight Markets Emerge

Mark Montague of DAT Solutions blogs on the impact of falling oil prices on truckload rates and capacity:

First, there will be less oil-industry cargo to move, including drilling equipment and infrastructure items, such as pipe and controls. Second, there will be less competition for drivers from this sector. These factors combine to increase downward pressure on rates, which started to drift lower last week. That trend is assisted by the declining fuel surcharge.