TLI's Weekly State of Transportation Update
Week of May 24, 2021
The industry is starting to see some free up in capacity after DOT week in the beginning of the month right before the Memorial Day weekend. Shippers should be aware of the holiday delay when planning and scheduling shipments.
LTL carriers are still attempting to alleviate capacity issues at a terminal level. Last week Fed-Ex was the latest carrier to place a ban on inbound shipments to the Cinnaminson, NJ terminal, back on May 19th. This type of restriction is placed to help understaffed terminals clear out backed up freight.
After starting May off with very tight capacity across the board, dry vans are starting to see some capacity open up. Here are the national week-over-week stats for loads per truck, according to DAT:
Dry Van: -54% (Currently at 4 loads per truck)
Flatbed: -11% (Currently at 88 loads per truck)
Reefers: -55% (Currently at 10 loads per truck)
*Capacity may vary based on location/market. These are national averages*
Although flatbed and reefer load-to-truck ratios have dropped a little, capacity remains tight for these specific types of equipment. As we are entering the summer months, expect for capacity to stay tight with driver’s taking holiday and construction season being underway.
*With the upcoming holiday weekend, please ensure that you are coordinating your shipments in mind that most carriers do not operate on Memorial Day. Also, please ensure you are confirming if business' have special hours/closures due to the holiday.*
TLI highly suggests that on all shipments you provide our team with the “Must Arrive by Date” (MABD) as to when you need the product delivered. This will help us select the proper transit time / equipment type at the best current freight rate.
Please contact your Translogistics team at 610-280-3210 for any further questions.
*article written by Mitchell Kinek, Inside Sales Executive, Translogistics. Any questions, please do not hesitate to reach out!
Translogistics' Industry Chart of the Week