It’s Florida season
Mother’s Day tightness has returned to the Florida refrigerated freight markets, but this year is different.
Mother’s Day tightness has returned to the Florida refrigerated freight markets, but this year is different.
Flatbed and refrigerated truckload data suggests their markets may have floored for these two trailer types.
Removing future threats to demand, the refrigerated truckload sector supports the thesis that the truckload market has hit a floor.
Charlotte, North Carolina, is seeing a slow recovery after volumes dropped to their lowest levels since February of 2021, and reefer volume in Milwaukee is up more than 22% this week.
Overall outbound volume levels out of Milwaukee are down this month, with the majority of the drop coming from reefer demand. Atlanta’s outbound volumes have trickled down this month, bringing down its market share.
Amid high rates and tight capacity, fleets must make do with what they have and minimize errors that can lead to significant cargo losses.
Reefer demand remains strong heading into late January, breaking seasonal patterns that many have come to expect.
Reefer capacity appears to be easing in the contracted space, but spot rates appear to be as touchy as ever.
FreightWaves adds exclusive new data set to an already extensive amount of reefer data.
Temperature-controlled equipment rates are already breaking records, could the vaccine distribution push them higher?
Reefer capacity has started to show early signs of tightening after experiencing the loosest conditions in years in April. Will van capacity follow suit?