Will Hurricane Ida cause carriers to chase FEMA relief loads?

Satellite animation of major Hurricane Ida approaching Louisiana.

At this time, we do not know the level of destruction that Hurricane Ida will inflict. Hopefully, for the people and property impacted, the damage will be minimal. 

To the degree necessary, local, state, and federal emergency management agencies, relief organizations, churches, major corporations, and ordinary people will band together to help those affected by the storm. 

However, when major hurricanes have hit the United States in the past (as recently as last week, unfortunately), the Federal...

https://www.freightwaves.com/news/will-hurricane-ida-cause-carriers-to-chase-fema-relief-loads

Sizing up the future of contract freight in uncertain times

from left: Kyle Lintner, principal and managing director at K-Ratio; MoLo Solutions CEO Andrew Silver; Josh Phelan, vice president of finance at J.B. Hunt Transport; and Michael Carlisle, logistics operations director at United States Cold Storage discuss contract freight at the FreightWaves North American Supply Chain Summit.

It’s freight-bidding season again as carriers, brokers and third-party logistics providers vie for shipper contracts for 2021. But good luck trying to forecast for the coming year with so many unknowns in the economy and the pandemic.

“It’s an understatement to say the unknown has never been greater than it is right now,”  Kyle Lintner, principal and managing director at K-Ratio, said during the FreightWaves North American Supply Chain Summit on Tuesday.

Lintner led a lively discussion about the...

https://s29755.pcdn.co/news/sizing-up-the-future-of-contract-freight-in-uncertain-times

Will we see double-digit rate increases in transportation in 2021?

Chart of the Week: Outbound Tender Rejection Index, Cass Truckload Linehaul Index – USA, Producer Price Index – Long Distance Truckload  SONAR: OTRI.USA, CTLI.USA, PPI.LDTL

One of the biggest questions surrounding transportation is how spot rates will affect next year’s contracts, as rates averaged 20% to 30% higher than 2019 over the past three months. 

Tender rejection rates — the rate at which carriers reject electronically tendered load requests from shippers — have been a strong leading...

https://s29755.pcdn.co/news/will-we-see-double-digit-rate-increases-in-transportation-in-2021