Market Update: June 21, 2018

Posted by Nate Schwandt on 6/21/18 8:35 AM
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"This week we're seeing continued capacity struggles in the Southeastern US, particularly outbound Georgia as the produce boom continues to move north," says Tim Young, VP of Brokerage at Sheer. "Flatbed capacity also remains a challenge as prices continue to rise and the summer construction season doesn't seem to be slowing down anytime soon."

Spot Market Trends

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Market Update_Trendlines-6_20_18

 

Manufacturing Activity vs Dry Van Load-to-Truck Ratio

In the past we've seen the load-to-truck ratio correlate with increased manufacturing activity. This year, however, demand has spiked despite steady manufacturing growth.

Manufacturing Activity vs dry van

 

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