Just a quick update from the front lines of the truckload/flatbed industry. Word on the street is that flatbed rates are rising very fast. The combination of capacity shrinking and business picking up has given flatbed companies the opportunity to charge more. I have read an article that says a shipper has noticed some rates go up more than 42% in the last few weeks.
Along the same lines, the entire truckload industry is getting a bit crazy out there. It is getting hard to find trucks in certain lanes and rates are going up. Capacity is definately crunching!
This info is basically coming from the battle field. Stay close to my Tweets at http://twitter.com/frght_svngs_tps where I’ll post updates on this topic and cite reliable sources.
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Wer is a good source to
Were is a good source to gfather and monitor information regarding the overall rates for the flatbed industry
Ted, there are some premium level accesses to some of the internet bid boards that do show the going market rates. However, its more of a range of where the rates are. As an example, in a specific lane it would show that people are paying a range of $1.12 to 2.73 a mile. It is not perfect by any means but folks in the truckload sector tell me its definitely in range.
Hmm…
Did ocean freight rates also increase?
I’m thinking if it would be better to avail the service of an ocean freight carrier instead.
Would you recommend it?