58% of Truckloads Underutilized: Breaking Down the 2024 Freight Study
In a year defined by economic uncertainty and rapidly shifting logistics demands, one trend is raising eyebrows across the freight and supply chain industry: more than half of truckloads in 2024 ran underutilized. According to a new study conducted by Flock Freight and Drive Research, 58% of truckloads last year moved with significant unused space, up sharply from 43% in 2023. In real terms, that translates to 34 linear feet of trailer space left empty—meaning every third truck on the road could have been completely consolidated into another. The Hidden Cost of Empty Trailers This growing inefficiency is not just a logistical oversight; it’s a serious financial and environmental concern. While lower freight rates in a soft market have made it more tolerable for shippers to pay for empty space, the long-term costs—in emissions, fuel, and lost capacity—paint a more troubling picture. “We’re seeing more half-empty trucks on the road than ever before,” said Chris P...