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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

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.

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This Week in Logistics News (September 17 – 23)

Logistics Viewpoints

Last week, the world’s largest EV maker completed a long-delayed project to expand capacity at Gigafactory Shanghai, where it builds Model Y SUVs and Model 3 sedans for customers in Asia and Europe. The work incidents generally haven’t delayed cargo movement, but officials say they worry that confrontations over work disputes could escalate.

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

DAT Solutions

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. Changes in the ratio often signal impending changes in freight rates.