Dry van report: Small carrier profitability slumps to below 2019 levels
Despite a 21% decrease in fuel prices last year, carrier profitability has fallen below those in 2019. Additionally, dry van all-in spot rates have dropped to an average of $2.01/mile for August. For small carriers or owner-operators running 100,000 loaded miles and 15,000 empty miles yearly, the national dry van breakeven operating cost was just…