Reported about 1 month ago
A recent increase in the movement of empty containers into the Los Angeles market indicates that the demand for freight capacity is outpacing available supply. The dominant flow of goods from Asia to the U.S. illustrates a significant imbalance in transportation capacity, leading to empty containers returning to Asia, which does not generate revenue. Despite a rise in intermodal volumes and truckload tender rejection rates that peaked earlier in the summer, the transportation market has shown resilience. However, vulnerabilities remain, particularly looking ahead to the fourth quarter as demand dynamics intensify.
Source: YAHOO