Hanjin, Hurricanes, Harvests May Boost Truckload Rates
SEPTEMBER 15, 2016
Capacity finds those opportunities, and throughout 2016, spot markets have restored 'normalcy' without generating the ripple effects that typically drive contract rates higher. I’d advise shippers to not get complacent about transportation costs for the longer term, however. If capacity isn’t nourished, it can disappear. Hanjin's exit strands 89 ships worldwide containing some $14 billion worth of cargo, much of which was headed to the U.S.