{"id":2247,"date":"2017-08-29T16:36:55","date_gmt":"2017-08-29T16:36:55","guid":{"rendered":"https:\/\/cantruck.ca\/hurricane-harvey-could-shut-down-7-of-trucking\/"},"modified":"2025-01-10T16:49:04","modified_gmt":"2025-01-10T16:49:04","slug":"hurricane-harvey-could-shut-down-7-of-trucking","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/hurricane-harvey-could-shut-down-7-of-trucking\/","title":{"rendered":"Hurricane Harvey Could Shut Down 7% of Trucking"},"content":{"rendered":"

Hurricane Harvey will \u201cstrongly affect\u201d over 7% of U.S. trucking during the next two weeks, with some portion of that fraction out of operation entirely, according to analysis by freight research firm FTR Transportation Intelligence<\/a>.<\/p>\n

As reported by Fleet Owner<\/em>, FTR says almost 10% of all U.S. trucking will be affected \u2013 a number that jumps near 100% for the Gulf Coast region west of the Mississippi.<\/p>\n

After a month, the numbers fall but are still significant, affecting nearly 2% of trucking on a national basis and 25% on a regional level.<\/p>\n

Due to the already tight nature of the truck environment, that means that loads could be left on the docks, according to No\u00ebl Perry, one of FTR\u2019s partners. And though the largest ripple effects of Hurricane Harvey will be \u201cregionalized\u201d where freight shipments are concerned, transportation managers across the entire U.S. \u201cwill be scrambling,\u201d he added.<\/p>\n

\u201cLook for spot prices to jump over the next several weeks with very strong effects in Texas and the South Central region,\u201d Perry said in a statement. \u201cSpot pricing was already up strong, in double-digit territory. Market participants could easily add five percentage points to those numbers.\u201d<\/p>\n

There is also the question of how contract rates between shippers and trucking companies will be affected, emphasized FTR\u2019s Perry.<\/p>\n

\u201cThere is always a lag between spot rate increases and contract rates,\u201d he pointed out. \u201cAnalysts have been wondering when trucking contract rates will begin following spot rates up. The combination of regional and fuel effects from Harvey, coupled with the electronic logging device (ELD) mandate in December, could be the catalyst to a pricing spiral.\u201d<\/p>\n

Read full article here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hurricane Harvey will \u201cstrongly affect\u201d over 7% of U.S. trucking during the next two weeks, with some portion of that fraction out of operation entirely, according to analysis by freight…<\/p>\n","protected":false},"author":2,"featured_media":718,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16],"tags":[30,613,1017],"class_list":["post-2247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","tag-capacity","tag-ftr","tag-hurricane-harvey"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/2247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=2247"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/2247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/718"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=2247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=2247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=2247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}