Carrier profits surge thanks to pandemic freight boom

Chart of the Week:  Operating Ratio for TCA Van Carrier – Company and Leased Fleet, Van Outbound Tender Rejection Index – USA SONAR: OPRAT.VCFOO, VOTRI.USA

The average dry van carrier operating ratio (OR) for Truckload Carriers Association (TCA) members dipped to a multiyear low in September, falling below 94% for the first time since late 2015. Operating ratio is the ratio of operating expense to operating revenue — lower values indicate a more profitable operation. The boundary was crossed as...

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