article thumbnail

Freight Market Update and Q2 Trucking Outlook

Zipline Logistics

These conditions were exacerbated by heavy winter storms that crippled Texas and the surrounding areas; however, conditions are leveling off somewhat. . “The markets with the largest gains this week in OTVI.USA were Laredo, Texas (12.07%) Memphis, Tennessee (5.37%) and Cleveland (5.08%). . and seems to be stable.

Freight 52
article thumbnail

Flatbed Rates and Ratios at Record Highs

DAT Solutions

The oil industry saw a huge downturn late in 2014 when oil prices dropped from over $100 per barrel (West Texas Intermediate crude, or WTI) to below $30 per barrel by February 2016. Cleveland is a major producer of steel and auto parts, and two lanes out of Cleveland show up in our top flatbed lanes: #9 Cleveland market to Detroit market. #16

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

REPOST: Why Chattanooga is the Silicon Valley of Trucking with Craig Fuller

The Logistics of Logistics

SaaS product, SONAR, is the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. I think the next generation of venture capital will be in places like Detroit, Des Moines, Houston, Cleveland, etc.

article thumbnail

Why Chattanooga is the Silicon Valley of Trucking with Craig Fuller

The Logistics of Logistics

I think the next generation of venture capital will be in places like Detroit, Des Moines, Houston, Cleveland, etc. FreightWaves started in Fort Worth, Texas, but we moved here. I pay about one sixth of what I paid in Texas. Money goes a lot further in places like Chattanooga rather than Silicon Valley.

article thumbnail

Flatbed Rates Set Another Record

DAT Solutions

Demand for flatbed transportation has been off the charts for much of 2018. Last week’s key markets were outside of Texas , which shows the diversification in the flatbed segment – it’s not just the energy sector. Demand has been red hot out of Atlanta and the rest of Georgia. Atlanta rates jumped up 5%.

article thumbnail

Which States are Making the Grade in Logistics?

Material Handling & Logistics

Content Summary: Maritime commerce in Cleveland produces over $3.5 The Port brings over 13-million tons of cargo through the Cleveland Harbor, resulting in $3.5 As a Green Port on a Great Lake, the Port of Cleveland plays a leading role in the environmental restoration and revitalization of Lake Erie and the Cuyahoga River.

article thumbnail

The History of the Semi Truck

Freight Plus

In 1897 the Winston Motor Carriage Company was incorporated in Cleveland, Ohio and they launched with a series of handcrafted automobiles. So, in May of that year, Winton showed off his 10-horse power model with a race around a Cleveland horse track. million trucks, which transported 71% of all US goods.