Major Freight Markets Saw Biggest Rate Surge of the Year
MAY 31, 2017
Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. The tighter capacity meant that many shippers had to pay a premium to move freight ahead of the holiday weekend, so outbound rates were up in almost every major van freight market. Dallas to Tulsa rates were also up, likely due to oil-related traffic.