Market Update: May 24, 2018

Posted by Nate Schwandt on 5/24/18 12:06 PM
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Flatbed rates remain off the charts, but the most prevalent story in the market right now is the upcoming Roadcheck, a.k.a. the annual Commercial Vehicle Safety Alliance (CVSA), that will be held in two weeks (June 5th – 7th). During this time, there will be tens of thousands of inspections performed on commercial vehicles. Historically, this disrupts the marketplace due to the lost time during inspections as well as a significantly reduced amount of open capacity as many carriers stay off of the road during the Roadcheck event.

Spot Market Trends

 

Market Update_Trendlines_5_24_2018

 

High Flatbed Rates Persist

 

Flatbed MDI

 

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