Data recently issued on the DAT One network provided to LM by DAT Freight & Analytics highlighted strong seasonal trends for truckload spot market posts, for the week of April 20-26.
Several ports across the West Coast have seen a decline in traffic in recent weeks, surging fears about empty shelves and a pending recession.
Retailers are warning that the U.S. could face empty store shelves and the kind of supply chain difficulties seen during the height of the Covid-19 pandemic if President Donald Trump’s tariffs on China continue, according to NBC News.
Inside a tariff war room
While the public is concerned about instability in the stock market due to the Trump administration’s policy on tariffs, the trucking industry is focused on another area — freight.
In the weeks following President Donald Trump’s 145% tariff on China, shipping of Chinese imports to the U.S. have fallen steeply as companies try to avoid the price increases on products.
Retailers are warning that U.S. consumers could once again be faced with empty store shelves and the kind of supply chain snarls that marked the Covid era if President Donald Trump's tariffs on China remain at their current levels.
Container shipments from China to the United States have plummeted since President Donald Trump ramped up the trade war, with some business executives and experts warning of major supply chain disruptions.
In Part 2 of this critical conversation, Jimmy Mac and DAT’s Chief Analyst Dean Croke look beyond the crisis to explore potential routes of escape from the current economic crunch.
In this episode, Jimmy Mac sits down with Dean Croke to break down the three major forces currently colliding and threatening the stability of the trucking industry.