It’s already clear that rates are going to be extra-high on any loads heading into Houston or to metro areas that are just outside the storm zone. FEMA is staging emergency supplies in the San Antonio and Dallas areas, and also near Lafayette, LA and other metro areas in the South Central region. Many of these FEMA loads are being handled by freight brokers and 3PLs who are making the loads available on DAT load boards.
<p>Everyone wants to help out in a time of emergency, and truckers are some of the most charitable and compassionate people I know. So a lot of owner-operators looked for opportunities to haul emergency supplies to Houston and other areas hit by Hurricane Harvey in 2017.</p>
Rates typically decline on Tuesdays, because a higher percentage of trucks are returning from trips that started on Sunday or Monday. Whether you're a carrier or a broker, see how you can take advantage of Backhaul Tuesday.
<p>Current trends in freight can be explained by looking at the top ten contract markets by percentage of contract-spot mix. For the last six weeks, rates have been sliding on the spot market despite strong volumes. The culprit may well be weakness in contract markets in the Southwest region.</p>
Spot market freight veterans know that by mid-January we start to see freight volumes and rates trending down as the urgency of the holidays—even the most recent ones extended by e-commerce—wanes. 2017 is no exception, although this year we're climbing down from a higher starting point.