"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
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.