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Trucking freight rates rose across the country after Hurricanes Harvey and Irma, as FEMA recovery efforts pulled available carriers out of the market. St. Louis logistics firms reported rate increases and said conditions were unlike anything seen in two years.
Higher truck freight costs add to the delivered cost of feed ingredients and can tighten local trucking capacity. The effect on grain prices themselves is limited.
bizjournals.comOct 6, 2017
thefreightway.comJerry VallelyOct 6, 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.
