Spot Market Flatbed Capacity is Limited in 1st Qtr of 2014

Spot Market Flatbed Capacity is Limited in 1st Qtr of 2014

April 17, 2014 - 8:47 AM

Flatbed capacity in Qtr 1 of 2014 was very limited. In short the cost to grab that truck went up, way up in some cases. Think of Supply and Demand. Due to the massive and seemingly regular winter storms, the Midwest, East Coast, and South East all experienced serious capacity issues.

See below:

"Within the U.S. the year-over-year change was even more dramatic. A 64% increase was divided among the three equipment categories: vans were up 63%, flatbeds 58% higher and up 70% for refrigerated trailers. Compared to February, freight volume increased 17% in March."

DAT North American Freight Index

"Much of the increased seasonal volume was in the flatbed segment, where load availability rose 38% compared to February, while van freight added 10% and reefer loads increased 7%."

http://www.truckinginfo.com/channel/fleet-management/news/story/2014/04/dat-record-freight-drives-record-spot-freight-rates-in-march.aspx

No Responses to Spot Market Flatbed Capacity is Limited in 1st Qtr of 2014

Required, but not displayed.

Recent News

Spot Market Flatbed Capacity is Limited in 1st Qtr of 2014
Flatbed capacity in Qtr 1 of 2014 was very limited. In short the cost to grab Keep Reading ›
Updated Freight Rate App
Brad Eldeen Logistics is proud to announce updates to our free online freight Keep Reading ›
How to Choose a 3PL, Freight Broker, or Freight Forwarder
We make quite a few sales calls in a week. Our response varies from hang-ups to Keep Reading ›
Why you Should Always be Selling
I started in this industry in 1999 as an internal agent for Network FOB.   I Keep Reading ›
Good Article on Potential Driver Shortage
Another driver shortage! Keep Reading ›
Great Employees = Long Term Value
So...I think I am ready to start seriously thinking about changing the business Keep Reading ›
Tough Economic Times Require Diligent Work Ethic
I keep hearing a quote lately about this recession and it goes something like: Keep Reading ›