I have family who runs a truck and they are having a hard time getting any work because of the vulture effect of all the truckers fighting over the scraps to get a load.
Good morning Steve,
I read the response in the alerts about Maersk cancelling sailings.
I head the transportation of our international freight, in particular our main distribution of Changshu, China to California.
We have not seen a single carrier cancelation and in fact, our average door to door lead-time from Changshu to a norther suburb of Dallas, TX is down to 3 weeks. Just 4-6 months ago you were lucky to get 5 weeks on that same path and our worst case scenario was 7.
I can confirm that pricing has dropped by 30-40% on these services which is significant when in the past a typical 40’ HQ normally would cost about $6,500 all in.
As to the trucking; I have family who runs a truck and they are having a hard time getting any work because of the vulture effect of all the truckers fighting over the scraps to get a load. You used to could get a trailer/container daily out of the Dallas Rail Head but not anymore as there are way more drivers than loads to process.
I guess the bottom line is still the same, imports are way down and from what we see are getting worse.
Mar 10, 2016