Freight Insights for Week of February 8

The following insights are taken from a weekly discussion between Sunset’s nine US/MX branches.

Trends and discussions range from seasonal manufacturing and agriculture trends that affect available capacity to general insight into outside factors affecting freight volumes.

Below is a summary of the February 10 call:

FREIGHT VOLUMES & CAPACITY

• February capacity availability has been a slow to start the month.
• Chinese New Year beginning this week will have impacts on inbound port freight and thus, delays for all inbound trade and residual OTR products that need to be moved.
• Spot markets are aggressive right now.
• Fuel rates spiked with weather across the Midwest and East coasts.
• Carrier rates are expected to stay at these rates through summer and likely into Q3.
  
  Related posts: February Cross-Border Update
  

CONTRIBUTORS

• Grand Haven, MI: Doug Bryant
• Green Bay, WI: Rick Kerr
• Laredo, TX: Jose Minarro
• Nashville, TN: Jonathan Falcon
• St. Louis, MO: Justin Danks
• St. Paul, MN: Mike Morris
• Wilson, NC: Mary McCallister