Freight recovery from Irma to last months, spike truck rates

Hurricane Irma’s arrival this weekend threatens to roil US supply chains and double truckload spot rates, with analysts and transport providers warning it could take up to six months to recover. Transportation providers are still reeling from Hurricane Harvey, the Category 3 storm that hit the US Gulf Coast two weeks ago. Category 4 Irma is threatening to tighten road and rail capacity even further, bottleneck traffic into and out of the Southeast, send spot market rates surging, and damage critical infrastructure.
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