As the United States reopens its economy and quarantined consumers return to quasi-normal behaviors with their stimulus checks, overall freight volumes are surging. While capacity remains loose, rates are rebounding from their low levels. This could be due to the reopening of restaurants and seasonal movement of produce out of Florida and California. Also, the online electronics sector is up 150% year-over-year, proving the power of ecommerce.
“Shippers are still in a dominant pricing power...
https://www.freightwaves.com/news/carriers-gain-customer-and-credit-options-as-volumes-surge