COVID-19

Trucking Industry Trends

How is COVID-19 affecting capacity and freight rates?

COVID-19 has become one of the most disruptive events to hit supply chains in our lifetime, and the DAT Analytics team is publishing regular reports to track its impact on freight markets. See what's new this week.

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887,000 loads posted daily

Steel’s struggles affect flatbed demand
Steel’s struggles affect flatbed demand

According to the Coalition of American Metal Manufacturers and Users, which represents more than 30,000 companies in the manufacturing sector, unfilled orders for steel in the last quarter were at the highest level in five years, while inventories were near a 3.5-year low based on data from the Census Bureau.

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Bullwhip Effect: Port congestion adding  costs for supply chains
Bullwhip Effect: Port congestion adding costs for supply chains

At the start of the pandemic last year, supply chain expert Daniel Stanton – aka Mr. Supply Chain – spoke about the “bullwhip effect” on supply chains. Almost a year later, the bullwhip effect is rattling supply chains again, as manufacturers struggle to keep up with demand for consumer goods.

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