Summit Expedited's newsletter featuring current market trends and other exciting news at Summit. Post-Holiday Market Shift As we returned from the extended holiday weekend, the spot market experienced a last minute push in loads before end-of-month. Dry vans maxed out this past week with a load-to-truck ratio...
Summit Expedited's newsletter featuring current market trends and other exciting news at Summit. A Pause in the Market? As we are halfway through the month of May, we have seen an expected rise in pricing within all sectors of the industry. Produce is starting to ship out...
Summit Expedited's newsletter featuring current market trends and other exciting news at Summit. Market Update We have been anticipating a rise in the spot market towards the end of this month. However, due to extreme weather conditions in the Midwest, there has been a temporary stall. History has...
Summit Expedited's newsletter featuring current market trends and other exciting news at Summit. Van Rates Jump in December Dry van rates have remained consistent over the last few months at around $2.08 per mile. Now as the holidays approach, we have observed a noticeable spike in dry...
Summit Expedited's newsletter featuring current market trends and other exciting news at Summit. Market Trends The U.S. faced another devastating hurricane last week, which led to evacuations and other safety precautions in the southeast while the area waited for the storm to pass. The spot market reflected this...
Summit Expedited's newsletter featuring current market trends and other exciting news at Summit. Market Changes At the end of Q2 going into the July 4th holiday, spot rates were at an all-time high. Since then, we have seen a steady drop in rates along with more available...
[gallery ids="1101,1102"] SEL's Customer Service Team gathered together on June 29th for a team-outing at the Punch Bowl Social in Chicago's West Loop. The team enjoyed food, drinks, and games while reinforcing relationships that go beyond the workplace environment. At Summit Expedited Logistics, we believe that maintaining a...