US retailers look to consumers to save an industrial sector in the doldrums
US consumers are expected to step into the breach again to generate higher volumes of ...
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By Alex Lennane
The recovery and rebuilding in Florida and Georgia will trigger higher spot and contract rates in US haulage. Flatbed capacity is likely to be particularly affected by the hurricanes, while the large amounts of cargo going into southern states will hit rates, as there will be little backhaul traffic. And the market is also going to be affected by the electronic logging device mandate, which could make 2018 a “nasty year”. “The spot market is getting scary. Things are getting very tight,” said one truck industry economist.
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