Shipping conditions to continue to tighten in 2018
BLOOMINGTON, IN - Shipping conditions were down again in September say industry analysts at FTR Intelligence. The data complied from Truckstop.com shows a tightness in capacity that is causing rates to continue to climb, the groups says. Continued hurricane recovery efforts in the Southern United States also contributed too pressure on conditions.
Shipping conditions will worsen in 2018: FTR
BLOOMINGTON, IN - Fuel cost increases following Hurricanes Harvey and Irma, and increased logistic costs for shippers, caused shipping conditions in the United States full-load market to take a negative turn for the month of August, according to analysts at FTR Intelligence. Although the increased fuel costs are temporary, the group says it expects the increase in logistics costs to continue into 2018.