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Freight Market Update and Q2 Trucking Outlook

Zipline Logistics

“The markets with the largest gains this week in OTVI.USA were Laredo, Texas (12.07%) Memphis, Tennessee (5.37%) and Cleveland (5.08%). In short, we expect it to be difficult to source capacity in the coming months until contract rates edge toward spot rates and the market finds a new “normal.”

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This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release. British supermarkets source peppers exclusively from Spain during the winter months. billion cumulative square feet of flat, sunny rooftop space — or about twice the area of Memphis, Tenn., percent by 2030. million U.S.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

Trucks can’t get in or out of Houston , which is a huge freight hub – it’s the number 1 source of loads for flatbeds, thanks to the oil and gas industry, and one of the top 5 or 6 markets for both van and reefer freight. Columbus to Memphis lost 10¢ of the previous week’s gain, back to $1.70 FALLING LANES.

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Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

Memphis had more loads last week, as it replaced Houston as the number 3 market for load availability, following Atlanta and Dallas. Memphis outbound rates were down for the week, but rates are rising in the Midwest, starting with Columbus. Rates were hurt by changes in the mix of cargo. That breaks up the return trip.

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Air Cargo Got It Wright: 9 Incredible Air Cargo Facts

Freightos

Celebrating the anniversary of this first flight, we’re taking a look at nine most amazing things you should know about air cargo. 1 First air cargo flight: 1910. 2 Craziest air cargo market entry: DHL Express. 3 Largest air cargo plane: Antonov An-225. 5 Most Evil Genius Cargo: Lasers. Source: Imugr.

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East and West Coast Ports to Battle for U.S. Region After Panama Canal Expansion

CH Robinson Transportfolio

In fact, the battleground on which ports compete for customers will likely expand and move several hundred miles west, toward Chicago and Memphis. They serve regional markets and are unlikely to receive large volumes of cargo headed to the battleground region. Source: Boston Consulting Group.

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East and West Coast Ports to Battle for U.S. Region After Panama Canal Expansion

CH Robinson Transportfolio

In fact, the battleground on which ports compete for customers will likely expand and move several hundred miles west, toward Chicago and Memphis. They serve regional markets and are unlikely to receive large volumes of cargo headed to the battleground region. Source: Boston Consulting Group.

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