Looks Like August May See Higher Freight Volumes Than Expected

Carriers have begun to report stronger earnings than expected, contradicting expert predictions that a healthy rebound would not be seen until 2021. Multiple data sources are suggesting that volume will continue to rise throughout August as the industrial sector, along with imports, gets back to full production levels. “We moved a healthy amount of freight last week, almost 3 times more than the last week in May”, said Oleg Yanchyk, Sleek Fleet CIO. “Contracted freight can’t keep up with the increased demand, so Sleek Fleet is supplementing primary and preferred networks to help our shipper customers avoid the costly spot market”. #SleekPOV

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