L.A. freight gets a tailwind from hurricanes and typhoons
OCTOBER 23, 2018
West Coast van freight heated up last week, especially in the Los Angeles market. In mid-September, we were focused on evacuating the Carolinas and diverting trucks and freight away from Hurricane Florence. Mangkhut weakened as it moved on to Hong Kong and other ports and manufacturing centers in Southeastern China, but high winds and flooding damaged property and infrastructure. Changes in the ratio often signal impending changes in freight rates.