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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

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Capacity finds those opportunities, and throughout 2016, spot markets have restored 'normalcy' without generating the ripple effects that typically drive contract rates higher. If capacity isn’t nourished, it can disappear. The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Hanjin's exit strands 89 ships worldwide containing some $14 billion worth of cargo, much of which was headed to the U.S. Freight Rates

Utah 98

Asian imports turn up the heat for vans on the West Coast

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Demand for vans continues to heat up on the West Coast, boosting load-to-truck ratios in California, Oregon, Idaho, and Utah. Ships arrived late, and containers were unloaded and drayed to warehouses late, so that cargo is finally heading east and north. Contract carriers are busy with their regularly scheduled hauls, so a lot of the late-arriving freight gets tendered to brokers and 3PLs. The map depicts outbound load-to-truck ratios by state, for dry van freight.

Van and Reefer Operators Give Thanks for Rate Increases

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Christmas trees are also ready for pickup, but experienced truckers will remind you to clean your trailer thoroughly after hauling trees, especially if you plan to follow with a load of food-grade cargo. Look for loads of trees leaving Oregon, and potatoes out of Idaho or North Dakota. Plus, when reefers are in high demand, van capacity tends to tighten up, too. Twin Falls, Idaho is a great source for outbound reefer loads, prior to Thanksgiving.