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Spot truckload rates remained at two-year highs for reefer, van and flatbed loads in the week ending September 16, 2017, according to DAT Solutions. Hurricanes Harvey and Irma disrupted supply chains, and load-to-truck ratios stayed elevated.
Higher truckload rates raise the delivered cost of feed ingredients and finished feed, though the effect on grain futures is limited.
fleetowner.comSep 25, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
