Hurricane Florence has made landfall this morning rocking the Carolina coastlines. Capacity in the Southeast region has already tightened significantly, and with disaster relief (FEMA) on the horizon, capacity in other regions will start to tighten as well. Retail Peak season is in full swing causing tighter capacity and we expect that trend to continue […]
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Entries by James Nash
Retail peak season has begun and will continue through the end of the year, causing capacity to tighten in all areas. Tropical Storm Gordon made landfall on Wednesday which will decrease capacity and inflate rates in the Southern regions, but will have a ripple effect to surrounding regions as well. With Retail peak season and […]
As we near September, we’re starting to see the annual retail surge, particularly on the West Coast, but we expect it to start affecting capacity in all regions soon. Capacity is going to tighten significantly for the upcoming Labor Day holiday. That coupled with the retail surge, we expect capacity to remain tighter for the […]
As the summer freight boom declines, so are truckload rates across all modes. However, market conditions are starting to tighten in the Midwest region. We are expecting with the Labor Day holiday and the retail surge starting in the upcoming month that capacity will continue to tighten in all regions of the country. Rates Drop […]
As we near August, we’re finally seeing some relief from the tight capacity that defined most of May and June. Dry van, reefer and flatbed rates have dipped slightly from their record highs as a result of less loads flooding the market and more trucks becoming available. We expect the market to remain steady until […]
The market remains relatively unchanged over the past couple weeks with significant tightness and high rates out of the South. We expect rates to begin leveling out and the southern produce season boom to subside in the coming weeks. If history is any guide, that will mean the capacity restrictions will slowly start moving Northwest […]
Similar to last week, the market continues to be extremely tight in the Southeast due to a strong produce season. We’re also seeing capacity tighten in the Southwest and Texas with increasing delays getting trucks across the border into the US. We expect the market to continue to tighten in the coming weeks with end-of-month/end-of-quarter […]
Spot Market Trends This June, everyone is feeling the effects of a tight market after Memorial Day weekend and last week’s annual Road Check. Flatbed prices have hit another record high at $2.81/mile and the reefer load to truck ratio rose 57% since last week. Demand Spikes in Dallas As the Los Angeles market begins […]
Spot Market Trends Spot market rates are especially high this week as a result of rising fuel costs and a scarcity of trucks exacerbated by this week’s International Roadcheck. According to DAT, “the national averages for both van rates and reefer rates each increased 4¢ per mile, while the national flatbed rate continued to add to […]