U.S. Refrigerated Market Expected to see a Robust January
Demand for temperature-controlled freight remains strong, with spot rate and tender rejection data reflecting this continued need. Recent winter storms across parts of the U.S. (from Texas and Oklahoma to Tennessee, Virginia, and North Carolina) have further amplified the demand for reefer trucks.
Increased demand for refrigerated goods and reefer trucks, in combination with winter weather conditions, contributes to increased reefer rates and overall refrigerated trucking market. Reefer trucks are equipped with specialized technology to maintain the integrity of temperature-sensitive freight, ensuring goods don’t over freeze or thaw. Additionally, drivers must navigate challenging weather and road conditions, which often makes these loads cost a premium to shippers.
The reefer market is expected to remain tight in the near future, as demand continues to outpace supply. The long-term outlook might see some relief because of seasonal fluctuations and improvements in equipment availability.
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