Transport Topics (January 4, 2021)
With 2020 squarely in the rearview, trucking experts are now looking to 2021. And, in large part, they’re feeling optimistic. Analysts believe the industry stands poised for a solid start in the new year, building on a challenging 2020 that saw the U.S. economy rely heavily on truckers amid the COVID-19 pandemic. Sectors that are likely to see the biggest gains in 2021 include final-mile delivery, homebuilding and companies involved in and supporting the medical sector. But, as was the case throughout much of 2020, plenty of uncertainty still looms. American Trucking Associations Chief Economist Bob Costello noted that near-future economic performance depends heavily on how quickly COVID-19 vaccines are distributed.
