Joanna Marsh
Wednesday, January 27, 2021
West Coast intermodal spot market still strong despite falling rates
Two FreightWaves SONAR charts illustrate Union Pacific’s views of the West Coast intermodal spot market.
Two FreightWaves SONAR charts illustrate Union Pacific’s views of the West Coast intermodal spot market.
West Coast ports post strongest volumes ever; Norfolk Southern is moving to Atlanta; flatbed tender rejections stay down; expect electric trucks in 2020; pregnant XPO Logistics warehouse workers suffer miscarriages; E2open buys Inttra; Iraq produces more oil but can’t rebuild.
There will be a West Coast gold rush for trucking spot rates. SONAR data is suggesting that trucking spot rates will surge out of Los Angeles, reaching new highs.