Browsing all articles tagged with supply and demand

The time of year can drastically alter your freight rates. Since supply and demand is key, at a time of year when demand is down, rates are generally cheaper. This is especially true in the construction arena, and, especially in areas where the weather is cold in the winter. For example, in Chicago, during peak construction season, every construction truck is running hard, six days a week. But, in the winter time, most of them are parked. So, if you have a mountain of sand that you need to move, January would be a great time to negotiate a good rate to have it done. Read more »

Freight rates can and do change from week to week. Just like the stock market and real estate, freight rates vary according to supply an demand. In 2008, more trucks left the industry than any other year in history. More trucking companies have gone out of business in previous years, but never before have several huge companies gone down like in 2008. Although freight volumes are down now, thisĀ  smaller number of available trucks is very likely to be an important factor later in the year when freight volumes pick up, which most experts agree should happen in the second quarter of 2009 (next month). Read more »