Severe weather causes freight rates to slip
MARCH 18, 2019
In Nebraska, snow followed by rain led to “historic flooding” that shut down traffic on I-80. The highways are open now, but there are still flood warnings in six states: Nebraska, parts of neighboring South Dakota, Iowa, and Minnesota, plus eastern Arizona and western Mississippi. Just as rates were about to turn around, they took another hit last week. Extreme weather closed highways and forced cancellations and delays.