Demand for flatbeds always drop off this time of year, but is this a sign of a broader industrial slowdown?
Probably to no great surprise to attendees in the room, American Trucking Associations’ Chief Economist Bob Costello painted a very positive picture of the current and near-term freight environment during the ATA’s 2nd Annual Economic Summit last week in Washington, DC.
All three modes of truckload freight are reflecting an environment in which demand exceeds capacity by a wide margin, which sets up for continued strong contract pricing.
Seven acquisitions in the past year have nearly doubled Daseke Inc.’s topline revenue; Aveda Transportation in particular is a high-performing division commanding rich per-mile rates.
Maverick Transportation LLC, is excited to announce it has joined the Blockchain in Transport Alliance (BiTA).
Sales of new single-family homes beat expectations in May as a surge of sales in the South helped offset softness in other areas of the country. This serves as a sign that construction activity should remain strong, though other downstream industries face challenges.
The lumber markets have not cooled off since we last covered them in March: futures prices are still breaking records because of a Canadian rail capacity crunch, and flatbed rates in the Southeast are climbing right along with them.
