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Spot market rates shoot up as capacity tightens

Posted by: ICB
Category: Air Freight, Contract Logistics, COVID-19, Customs Brokers, Freight Forwarding, Ground Freight, Imports, Ocean Freight, SCS Management, Special Offers

Truckload capacity usually declines at this point in the year, DAT said, but a citrus volume surge in California, a hurricane along the Southeast coast, and consumer demand and fulfillment caused an increase in loads.

Author: ICB

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