COVID-19

Spot market reefer freight refills stores
Spot market reefer freight refills stores

As more and more cities and states institute measures in response to the COVID-19 threat, consumers have rushed to grocery stores to stock up for extended time at home. Store shelves are bare, but the truckload spot market is already mobilizing to meet the surge in demand.

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COVID-19 uncertainty spurs truckload rate increases
COVID-19 uncertainty spurs truckload rate increases

COVID-19 is causing the mother of all supply chain disruptions. Two weeks ago, we worried that the gap in imports reduced demand and rates for trucks in seaport markets, but then consumers started emptying store shelves of cleaning supplies and canned goods.

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