A KeyBanc Capital Markets analyst said Tuesday the truckload industry is recovering faster than expected, with rates increasing and more full trucks crisscrossing highways.

Truckload carriers generally dedicate an entire trailer to one customer and move the freight directly from the shipper to the receiver. Less-than-truckload carriers fill their trucks with freight from a variety of sources and might re-sort and redistribute it at a company terminal along their route.

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