Market Update

The tale of two halves: 2018 vs. 2021

It’s hard to ignore how similar 2018's and 2021's freight cycles are despite being driven by two completely different economies.

Retail imports continue to surge ahead of peak-shipping season

While vessel throughput continues to improve on the West Coast, container import volumes continue to surge.

Supply-driven, capacity-crunch phase gives carriers pricing power

Continuing supply chain challenges and surging demand force retailers to spend more to move their inventory.

Reefer sector is firing up for a busy grilling season

Americans plan to spend a whopping $7.5 billion on food items this Independence Day. That's going to be a lot of food freight being moved.

Phoenix rises from the desert

Shifting to online retail drove demand for warehouse space as businesses retool their supply chains, especially in markets like Phoenix.

2021: The year of the supply chain domino effect

Shortages of raw materials and components continue to plague virtually every supply chain for products and services this year.

Mango mania arrives with high freight rates

High freight rates have been a challenge for growers in 2021 — and expected to persist through mango season and into the fall.

Truck shortage drives growers nuts

Like all freight types, both almond and peanut shipping right now is impacted by tight capacity, mostly in the longer-haul truckload market.

Carrot growers face a shortage of trucks this summer

We typically see dry van and reefer spot rates peak around the July 4 holiday week. But how will a carrot shortage impact rates?

Truckers could be seeing orange with summer construction

The White House's Infrastructure Plan comes with big costs. But the cost of ignoring poor conditions is even larger.

Sweet times for carriers hauling strawberries to the Big Apple

May is a pivotal month for those in the produce freight sector. We transition from produce grown abroad to our larger domestic markets like California.

It’s peak-shipping season for Mother’s Day

Approximately 83% of U.S. adults are expected to spend an estimated $28.1 billion celebrating this year’s Mother’s Day, which roughly equals 150,000 truckloads. That's a lot of freight.