Severe weather causes freight rates to slip
MARCH 18, 2019
Denver to Albuquerque, NM increased to $2.07/mi. Just as rates were about to turn around, they took another hit last week. Extreme weather closed highways and forced cancellations and delays. A huge snowstorm in Denver last week closed three interstate highways: I-25, I-70 and I-76. In Nebraska, snow followed by rain led to “historic flooding” that shut down traffic on I-80.