Brokers: capacity migrating south for the winteradminBlog No Comment 06DecShareBack-to-back major snowstorms in the Midwest have tightened freight markets in the region as trucking capacity flows South in search of more favorable conditions. Retail freight in Southern California and cross-border lanes is still pulling capacity away from northern markets, driving up turndowns and compressing broker margins. This week, another winter storm threatens to drop ice and snow on a broad swath of the country from Oklahoma City through Missouri, Kentucky, and Virginia. We’ll be watching to see if bad road conditions continue pushing capacity into the Southeast, which is already becoming an oversupplied market. Aside from capacity distortions in the Pacific Northwest and Midwest, much of the country has stabilized, with regional volumes for the most part matching expected seasonal trends.“For us, in the final week of November, we had record high volumes. Most of the country is in a normal pattern, historically speaking.”Indeed, volume outbound from Los Angeles (OTVI.LAX) dropped 5.7% since November 30 while capacity (TRUK.LAX) has remained stable. Carriers are rejecting 28% of loads outbound from Omaha (OTRI.OMA) and Kansas City (OTRI.MCI); turndowns are up to 39% in Joplin (OTRI.JLN). Capacity in the Southeast, however, has loosened and it’s become much easier for brokers to find trucks. ) “We have seen capacity loosen up drastically in the last seven days,” Carter Garrett, VP of Sales at Trident Transport, wrote to FreightWaves by email. “There’s still a lot of retail stuff pulling capacity out of the Pacific Northwest down to the south,” Roberts said. “Laredo specifically has been wide open; capacity is very loose over there.Source:https://www.handyshippingguide.com/ 15% OFF Packages above Basic. Your Name (required) Your Email (required) Your Phone (required) Previous How to Become a Freight BrokerDecember 3, 2018 Next Two Digital Freight Brokers Focus on Price Transparency for ShippersDecember 7, 2018Leave a Reply Cancel replyYou must be logged in to post a comment.You Might Also Like 03Dec How to Become a Freight Broker in Colorado admin No Comment 26Nov How to Become a Freight Broker in Arizona admin 2 Comments 18Nov How to Become a Freight Broker in Arkansas admin 2 Comments 12Nov How to Become a Freight Broker in Alabama admin 1 Comment 03Nov How to Become a Freight Broker in North Carolina admin No Comment 31Oct Our Interview with Brian the Broker! admin No Comment
