Reported about 16 hours ago
Recent ICE enforcement actions, particularly in southern states, have led to trucking capacity rebalancing as many drivers avoid these regions out of fear of detainment. This shift has resulted in a spike in spot market rates and increased volatility due to diminished competition in certain lanes. Experts suggest that while this is not a complete market rebound, it indicates a significant reroute in freight dynamics that could impact pricing and capacity in the near future.
Source: YAHOO