TRUCKING INDUSTRY NEWS * USA - Trucking Capacity Gets Tight in Southeast
Seasonal equipment shift to produce market a growing pain to shippers, brokers
Independence,OH,USA -The Journal of Commerce Online, by William B. Cassidy -Jun 15, 2010: -- Truckload capacity is tightening in the U.S. Southeast at a greater rate than other portions of the country, according to Longbow Research... The investment research firm's weekly truckload barometer showed capacity to be particularly tight along the East Coast from Florida to Maryland and Delaware... The 15 LBR truckload barometer for the week ending June 11 supports anecdotal reports from shippers and freight brokers struggling to find equipment in the Southeast... They're being pinched by a seasonal shift of equipment to produce shippers, industry sources say. As a result, other shippers and brokers are paying higher rates... (Photo from i.ytimg See video in spanish)
* Truckload Spot Market Index Dips 3.2 Percent. May volume levels lower than April, but highest in 10 years, TransCore says
Hummelstown,PA,USA -The Journal of Commerce Online, by William B. Cassidy -Jun 15, 2010: -- Transcore's North American Freight Index slipped 3.2 percent in May from the previous month, after rising 25 percent and 44 percent month-to-month in April and March... The drop may indicate that the surge in spot market freight demand filling trailers since March is slowing, though still strong compared with 2009 and even 2008... Load volume was the highest for the month of May in the past 10 years, TransCore said. The freight index was up 216 percent over May 2009, and 12 percent over May 2008... After staying within a 100-point range for six months, the index increased more than 140 percent from January through April, rising from 556 points to 1,355... Flatbed freight has been "extraordinarily high" since January, contributing to the surge in spot market load volume, TransCore said. It declined by 15 percent in May, however...
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