The Weekly Freight Report for February 10th, 2022
The Top 5 Stories in Freight, Transportation, & Logistics
Here’s this week’s Weekly Freight Report from FLS Transportation:
- How will the weather impact your logistics this week?
- Which items will be scarce in 2022?
- This week’s industry intel on hot lanes, spot rates, and more.
- Closed ports of entry and 7-hour wait times to cross the US-Canada border!
- ATRI ranks the top 10 bottlenecks in the US.
1. How will the weather impact your logistics this week?
This week will be reasonably quiet compared to the previous weeks across much of North America, with a quick-moving storm called a “clipper” being the only storm dropping snow this week. Adding to the nearly 24 inches of snow dropped in the northeast, the winter weather system will add a few more inches of snow and ice from Philadelphia to Maine and on into Canada. Click here to see how weather is impacting shipping.
2. Which items will be scarce in 2022?
Although there is much room for improvement, supply chain professionals are improving their ability to predict stockout and raw goods shortages. What are the top 5 items you can expect to be in short supply this year? Semi-conductors are #1, but what are the other items can we expect to be scarce? Click here to see the other top 4 items that will be in short supply this year?
3. This week’s industry intel on hot lanes, spot rates, and more.
Demand for trucks continues to soar. Volumes aren’t decreasing. Capacity continues to be tight. Spot rates are elevated. What can shippers do to mitigate these rising costs? FreightWaves Sonar Sightings advises to ship often and early since this time of year brings shipping delays caused by bad weather. Click here to see the pricing and data for these lanes.
4. Closed ports of entry and 7-hour wait times to cross the US-Canada border!
Seriously… 7-hour wait time! Are you experiencing delays with travel or shipments at the border? Data says some crossings are experiencing 7-hour delays to cross while other crossings are completely closed. Here is a resource to check the wait times at the border crossings in Canada.
5. ATRI ranks the top 10 bottlenecks in the US.
The American Transportation Research Institute analyzed over 300 locations and GPS data from over 1 million freight trucks. After sifting through terabytes of data, the #1 freight bottleneck in the US is in Fort Lee, NJ, at the I95/State Route 4 intersection. As more people have returned to work, the slowdowns and congestion are projected to get worse. To see the complete list of the bottlenecks, click here.
Need help moving freight across North America? FLS Transportation can help.
Our network of 54,000 carriers and 400,000 trucks is a great asset to any shipper. Give us a try… Get a quote today!
Want to haul freight for FLS? No sweat. Check out our FREE Carrier Portal.
Like getting all your news in one place? Subscribe to The Weekly Freight Report