News and Stories

UPDATE: Increased Freight Rates

January 08, 2018

Transportation costs have skyrocketed. Prices are very high; many rates have more than doubled. New policies and regulations, coupled with bad weather, have led to fewer trucks on the road for the start of the new year.

  • Demand for trucks across the country is extremely high
    • Severe weather on the East Coast has delayed shipments
  • Federally enforced electronic logging devices (ELD) are putting a strain on logistic companies and overall travel times
  • Major production regions such as Nogales, Arizona, Yuma, Arizona, and McAllen, Texas are seeing rates more than double
  • Less-Than-Truckload (LTL) shipments out of these areas are extremely difficult to come by compared to full truckload volume
  • Many shippers are increasing consolidation and delivery fees this week until further notice to account for the rise in cost
  • Expect rates to remain elevated until availability for trucks improves

Please contact your Markon customer service representative for more information.

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