Hurricane disrupts supply chains, increases rates
After moving slowly across the Atlantic and devastating several islands in the Bahamas, Hurricane Dorian reached the East Coast of the U.S. last week. Although the storm
After moving slowly across the Atlantic and devastating several islands in the Bahamas, Hurricane Dorian reached the East Coast of the U.S. last week. Although the storm
The negative news we’ve been reporting for reefer produce turned around last week, as robust apple harvests were underway in several markets throughout the country. Washington state is
Last week the news was dominated by Hurricane Dorian. Our thoughts go out to all those affected by the storm, both in the Bahamas and
Last summer, the spot market didn’t have enough trucks to meet the surge in demand, which gave rates a major boost. Now, we are seeing
This summer, reefer markets have felt the woes of reduced harvests due to harsh weather. That’s kept rates from climbing, and reefer trucks have also
Reefer markets have been waiting for an uplift from late summer fruit and vegetable harvests, but so far, that hasn’t happened. The Midwest has made
Van freight trends have been muted for nearly all of 2019 – we haven’t seen many sharp spikes or large drops. Overall, it’s been a
Reefer demand trailed off in California and Texas last week, and the majority of high-traffic reefer lanes paid lower rates last week. But there were
With the threat of new tariffs on Chinese imports, there was uncertainty over how truckload markets will react heading into August. So far, there has
Truckload demand got a boost at the end of July, but that urgency slowed by the start of August. That led to a lot of
Even as the summer slump continues, July is still on pace to beat May volumes, with a national average van rate that’s about 5¢ per mile
Last week halted the slide in reefer rates that we’ve been seeing since the Fourth of July. Improvements out of California played a major role