While total new home starts was higher than expected, building permit applications are slowing down.
There's a reefer shortage in several key markets of the country at a time when many fruits and vegetables are hitting prime season.
The queue of ships anchored outside ports waiting to unload raised truckload load post volumes by 7% last week.
It’s hard to ignore how similar 2018's and 2021's freight cycles are despite being driven by two completely different economies.
DAT TRUCKERSEDGE887,000 loads posted daily
While vessel throughput continues to improve on the West Coast, container import volumes continue to surge.
The 3,000 trucks rerouting 60 miles or more to cross the Mississippi River are estimated to lose $513,000 per day.
As we crest the peak of harvest season, reefer capacity falls as growers struggle to find drivers to move their produce.
A reopening economy and surging demand for retail inventory is driving movement across many dry van markets.
Continuing supply chain challenges and surging demand force retailers to spend more to move their inventory.
Sales and imports of tractors and combines are important demand barometers for flatbed and specialized carriers to monitor.
It's not even the peak of the harvest season, but the current average reefer spot rates to all destinations reach $2.80/mile this week.
Trucking’s biggest challenges are not on the demand side, but on the supply side, including difficulty finding qualified drivers.