Weekly Freight Market Update: Signs of Spring | Convoy
Convoy blog
Industry insightsShippers

Weekly Freight Market Update: Signs of Spring

Compared to last week, freight volume decreased about 2.5% across the country. Tender rejection rates have remained stable (hanging around 7%).

The upcoming lettuce harvest in the Southeast indicates the first sign of spring. Harvest appears to have begun in some parts of Florida, and reefer prices from southern and central Florida have increased.

On the other side of the country in Phoenix, volume is up nearly 30% as produce shippers head into harvest season there. Reefer shipments will be in high demand over the next 60 days — and will soon compete with shipments starting to come across the border into Nogales, Arizona.

Daylight Savings Safety

On Sunday, March 10, 2 a.m. becomes 3 a.m. as daylight savings time begins. This causes confusion for carriers and facility workers if a pickup time is scheduled during those early-morning hours. Be sure to confirm the right appointment time, and take extra caution on the road.

Researchers from Johns Hopkins and Stanford University report an increase in accidents on U.S. roads following the time change. ELDs now account for the time change automatically — just remember HOS rules are centered around actual hours driven, regardless of what time it is.

Stay on top of the trends impacting your lanes

See a detailed breakdown of trends in your region with the Convoy Shipper Platform. The Market Outlook curates a view of freight impacts and trends by region to give you a full picture of the market. It’s free to access: Simply sign in or register now.

Damien Hutchins is Senior Manager of Convoy's brokerage team, when he's not writing on the state of the freight market. He has held previous roles at tech startups in various industries over the past 15 years and focuses now on logistics and trucking from his hometown of Seattle. In his free time Damien can be found exploring in the Cascade Mountains, or taking long weekend road trips on his adventure motorcycle.