The Weekly Freight Report for February 3rd, 2022
The Top 5 Stories in Freight, Transportation, & Logistics
Here’s this week’s Weekly Freight Report:
- Winter Storm Landon could shut down travel this week.
- Not if, but when will your company be a target of a cyberattack?
- Industry data on this week’s hot lanes, spot rates, and more.
- Closed interstates and weather-related states of emergencies declared across the US.
- Law enforcement efforts increase at the border in Alberta due to protests.
1. Winter Storm Landon could shut down travel this week.
Travel delays are in the forecast this week. Forecasts show that Landon will dump snow and freezing rain from the Southern Rockies to the Northeast. Even TXDOT is preparing its roads for snow and ice as Landon approaches. Click here to see winter storm Landon’s projected path and what areas could experience travel delays.
2. Not if, but when will your company be a target of a cyberattack?
Scam emails. Scam text. Ransomware attacks. Big or small, every company is a target, and the supply chain is a hot industry for cybercriminals. And if the pandemic transitioned your employees to work from home, you better ensure you have the proper security measures in place because cyberattacks have increased as employees work remotely. To read more about measures you can take to prevent attacks, click here.
3. Industry data on this week’s hot lanes, spot rates, and more.
Nationwide tender rejections remain high at 20.14%, with flatbed rejections spiking to 37.06%. Winter weather has been disrupting the transportation industry in the Northeast, causing spot rates and outbound tender rejections to be elevated. With Landon moving across the nation, expect more disruptions and slowdowns. The lanes to watch this week can be found here.
4. Closed interstates and weather-related states of emergencies declared across the US.
As winter storm Landon moves across the US, multiple governors have already declared weather-related states of emergencies, banned truck travel, and shut down interstates. Landon’s path stretches from New Mexico to New England, leaving snow, ice, sleet, and rain covering the nation. With multiple interstates closed due to unsafe driving conditions, expect delays in your shipments moving through much of the US. To see more on Landon, click here.
5. Law enforcement efforts increase at the border in Alberta due to protests.
The Canadian military could be called to the Coutts border crossing in Alberta due to the “Freedom Convoy” protest. The RCMP stated that it is “unlawful” to block the border crossing and have said that “anyone who actively blocks a highway– or aids, counsels or directs a highway to be blocked– may be subject to arrest and charge.” U.S. Customs and Border Protection Agency stated the port was closed going into Canada and should find alternative routes until the situation improves. To read more on the protest and blockade, click here.
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