Market Report
June 2021
Expert analysis on the transportation market
June saw capacity remained constrained on the domestic side and rates continue to soar on the international side. Fuel costs continue to rise as we are now over 6% above where we were in 2019 diesel fuel. In the ocean freight space, the Covid outbreak in Yantian caused significant disruption in terms of service. Operations are back to normal now but it will take weeks to dig out from the backlog of containers that need to move.
What's new this month?
- Updates on FedEx Freight situation
- A snapshot of the top 15 LTL carriers by 2020 revenue
- What to expect with upcoming small package accessorial increases
- A breakdown of the Consumer Price Index
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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.