The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Hurricane Laura recovery is ongoing, but a lack of trucking capacity could hamper efforts. Plus, Tyson Foods is stepping up its relief efforts and spot rates could benefit from the hurricane.
Recovery on delay?
A tight trucking market could hamper recovery from Hurricane Laura, SONAR data shows. Relief efforts are greatly dependent on transportation of supplies into the disaster zones. With carrier networks already strained due to the surging demand resulting from an economy both recovering and adapting, there may not be as much capacity available to bring in the needed supplies.
Zach Strickland has more on what the data is showing: Tight trucking market may hamstring Laura recovery effort
Tyson Foods is among the companies that are stepping up following Hurricane Laura to ensure people in Louisiana and Texas have access to food. The company will ship food, cooking suppliers, grills and tents to the affected region.
Clarissa Hawes has details on how much support Tyson is providing: Tyson Foods, trucking groups mobilize to help Hurricane Laura survivors
Does a spot rate boom loom?
What will Hurricane Laura’s impact be on the spot rate market and trucking capacity? That is a question that may not have an answer yet, but past history may offer a few clues.
The On the Spot podcast team breaks it down: Hurricane Laura’s impact on spot and capacity – On The Spot
South of the border
Milwaukee Tools has opened a new factory in Mexico as the trend of multi-national companies opening export factories in Mexico since the signing of the United States-Mexico-Canada agreement continues.
Noi Mahoney has more on the movement: Milwaukee Tools among new factories in Mexico; Querétaro restricts cargo truck access
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Did you miss this?
As trucking begins to mobilize its relief efforts in the wake of Hurricane Laura, the head of the nation’s largest humanitarian logistics group is concerned about a lack of available truck capacity.
Mark Solomon has more on this emerging problem: Humanitarian logistics group: Truck capacity for Laura recovery in short supply
Hammer down, everyone,
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