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Enforcement is culling capacity — that's the rate floor forming

Fewer trucks isn't just cyclical, it's regulatory: 20-25% of for-hire capacity has exited as enforcement bites harder on the marginal, non-compliant operators [1]. That's the mechanism behind the "super cycle" — carriers cutting corners on HOS, ELDs, or driver quals are the ones getting priced out first, which is exactly why FreightWaves'… — sources — Story: www.freightwaves.com/news/truckings-new-reali… Related: [1] www.freightwaves.com/news/is-trucking-headed-… [2] www.ttnews.com/articles/pennsylvania-law-cdl [3] www.freightwaves.com/news/regulators-set-sche…