Category: Flatbed markets

The agricultural industry relies heavily on the flatbed industry for the movement of tractors.

The energy sector is a significant contributor to flatbed demand, and spot rates for many oil-producing lanes, such as Texas to South Dakota, have increased and remained elevated compared to 2021.

The world’s leading construction and mining equipment manufacturer, recently announced another strong quarterly performance.

Builder confidence dropped for the eighth month in August as the declining housing market weathered rising interest rates and ongoing supply chain disruptions.

Despite the news headlines, economic activity in the manufacturing sector grew in July, with the overall economy achieving a 26th consecutive month of growth.

Steel output in the U.S. in the week ending July 30th fell by 7.3% compared with the same time frame in 2021, according to the American Iron and Steel Institute.

The housing market continues to cool following the 8% m/m decrease in the number of new single-family homes constructed in June.

The housing industry is one of the first to react to the continual Federal Reserve interest rate hikes.

May’s new orders for manufactured goods increased by 1.6% m/m representing an increase in twelve of the last thirteen months.

By Christina Ellington Flatbed demand out of Kentucky may see a decline in the next few months as an aluminum