Market Update: August 17, 2018

Posted by Tyler Hoffmeister on 8/17/18 9:02 AM
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As the summer freight boom declines, so are truckload rates across all modes. However, market conditions are starting to tighten in the Midwest region. We are expecting with the Labor Day holiday and the retail surge starting in the upcoming month that capacity will continue to tighten in all regions of the country.

Spot Market Trends

 

Market Update_Trendlines_8_17_18

 

Rates Drop Seasonally, but Volumes Increase

 2018-08-17 08_28_00-Trendlines - DAT

 

Source: KeyBanc Capital Markets, inc.

Topics: market update

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