Market Report
August 2021
Expert analysis on the transportation market
In August, we saw freight volume and rates go on a bit of a bull run through the back half of the month. Hurricane Ida reared its ugly head leaving significant devastation from the South to the Northeast. The residual impacts of the hurricane will be felt for weeks across all modes of transportation and the fuel markets. Meanwhile, wildfires are still raging in Northern California and across the Pacific Northwest, causing disruptions in domestic and international freight markets.
What’s new?
- Commentary on the impacts a Hurricane can have on the transportation markets.
- Table breaking down the FedEx peak season surcharges
- Ripple effect of COVID outbreak in Vietnam on the footwear, apparel, and furniture industries in America.
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Why FreightPlus
Our control tower approach to moving freight will drive lower costs in your transportation program, and provide your team the peace of mind and visibility to automate business processes to make better decisions.
Your account analyst is dedicated to solving and managing your unique and changing business needs. Every day they are looking at your data, your trends, and working with an experienced staff to customize your transportation program. By leveraging our knowledge, technology, and experts we help you succeed.