As reported in TransCore Trendlines:
Spot market equipment capacity increased by 6.7% overall for the week, led by a 7.3% surge in van capacity in the week of November 7-13, compared to the previous week. Spot market load availability declined by 4.4%, led by a 7.8% dip in loads designated for flatbeds. Loads were down by 3.2% for vans, while reefer load volume was unchanged, week over week.
Owyhee Produce’s Shay Myers recently stated in a social media post that they opt for flatbed trucks over reefers when
The latest ISM Manufacturing PMI report for October confirms a challenging outlook for truckload carriers, signaling that the “freight recession”
The National Restaurant Association’s Restaurant Performance Index (RPI) registered a moderate decline in September, reflecting the continuation of challenging business