Market news – flatbed and oversized freight options
Businesses with larger loads requiring special equipment utilize flatbed and oversized options to move their freight. This mode meets specific size and weight requirements with various types of equipment including:
- Standard step decks
- Standard flats
- Double drops/lowboys
- Hot shots
- 53’ trailers
Flatbed demand is thriving this year. According to DAT, load-to-truck ratio has doubled year-over-year with an increase of 102% – ascending since August 2016. What markets drive these demands? According to DAT, there are four significant markets to watch:
- Oil, natural gas, and plastics
- Wind energy
Read more about DAT’s findings in their article 4 Markets Driving Skyrocketing Flatbed Demand.
Finding the right partners to discuss flatbed and oversized options and equipment requirements mentioned in this article can make it easier to reach your business goals.
Agforce Transport Services specializes in customized transportation solutions for our customers’ specific business needs and requirements. To learn more about how we can help simply your path to market, contact us today for a free consultation. Give us a call at 844-713-6723 or email us at email@example.com.
For additional information related to changes in the marketplace, status of the logistics industry and what’s ahead, check out these articles:
Food Logistics: Spot Truckload Rates, Demand Stay Hot into August
Food Logistics provides an overview of the freight surge summary that reports the end of July moving into early August. The article shares the four-week trend lines and national averages for van, flatbed, and refrigerated rates.
DAT: How Natural Gas and Plastics Impact the Truckload Spot Market
DAT provides insight on how new natural gas and petrochemical production investments have created a noticeable impact on the trucking spot market.