Market Update: September 7, 2018

Posted by Tyler Hoffmeister on 9/7/18 8:48 AM
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Retail peak season has begun and will continue through the end of the year, causing capacity to tighten in all areas. Tropical Storm Gordon made landfall on Wednesday which will decrease capacity and inflate rates in the Southern regions, but will have a ripple effect to surrounding regions as well. With Retail peak season and the continued weather issues, we expect overall capacity to tighten in the next month or so and continue through the remainder of the year.

Spot Market Trends

 

Market Update_Trendlines_9_7_18

What an Autonomous Truck Port Could Look Like

With self-driving trucks, the future of trucking could feature autonomous truck ports where human drivers would bring loads to autonomous trucks that would take them across the country. This could have a serious impact on drivers in the less-than-truckload sector. Image via Driverless Report.

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