Shipping and Logistics

September 16, 2018
Florence Impacts Freight Flows, Volumes, Rates
Written by Sandy Williams
Hurricane Florence is expected to take a toll on shipments from the Carolinas and Virginia. In the aftermath of Hurricane Harvey, trucks were in short supply for regular freight shipments as many were diverted to the storm-affected areas to help with recovery efforts. If Florence causes similar damage, that scenario could be repeated.
Truckload spot rates surged in advance of the storm with flatbed rates jumping 13 percent from the seven-day average on Sept. 12, according to DAT Trendlines.


