JULY
In This Issue
Good morning!
We thank you for taking our survey last month and value your opinions. Providing your survey answers helps us to fulfill your shipping needs in the most efficient way possible. We continue working hard to ensure you receive the highest level of customer service in the industry.

Load-to-Truck Ratios Hit Record Highs: What This Means For You

Load-to-truck ratios significantly contribute to higher carrier costs and often play a role in limited capacity in major markets.
With freight markets loosening up in the Florida, Georgia and Arizona regions, these are early signs of the produce season slowly coming to an end. Truckload capacity has become much easier to come by in these regions, with load-to-truck ratios matching 1:1. For example, our network has experienced a produce shift from Central California up through the Pacific Northwest, as well as the South Central area of the United States.
Load-to-truck ratios are as high as 8:1 in the Little Rock and Louisiana markets. Additionally, some of the largest rate increases last week took place in eastern Pennsylvania, New Jersey and upper New York. Per DAT Solutions, this is said to be “a strong sign for consumer goods, as these markets contain warehousing and distribution centers that tend to the highest concentration of people in the United States.”
The national van load-to-truck ratios doubled year-over-year during the produce season.
The beginning of July marked the start of the second quarter as well as the July 4th holiday, which further pushed national load-to-truck ratios to a 7 year high at 6.4 loads per truck – the highest it has been since 2010. Thus, DAT Solutions reports that van rates rose slightly in nearly 75% of the top 100 van lanes in the country.
More recently, market pressure for this week increased by 12% with both the demand in loads and supply in trucks increasing, with load demand outpacing truck supply by 14%.
Flatbed capacity remains tight throughout the United States with national load-to-truck ratios at 43:1 compared to 36:1 ratio in June.

About the Team
We are skipping the “About the Team” section this month as we ask for your assistance.  If you are happy and satisfied with any part of our team, pricing, or service, please take a few minutes to leave us some feedback on either our Facebook or Google pages listed below.
Your feedback helps potential new customers see the kind of work they can expect from our team. It gives us great pleasure to hear and see positive reviews from our clients. We would love for others to see that kind of feedback, too!

Contest

We truly want to get to know our customers better so we thought we would tie this into this month’s contest: We are giving away an Amazon Echo Dot 2nd Generation. It’s a voice-controlled device that turns any home or office into a smart home with the Alexa app on a smart phone or tablet. 
This contest will take place over the next two months in our newsletters.  You can enter only once and at any time between now and September 4th. If you have shipped with us within 2017, you can enter by sending us your birthday (day/month). We wish you the best of luck!

Video
We are starting a monthly video of how to’s pertaining to our industry.  We welcome you to share with your customers, your staff, and anyone else you feel would benefit from them.
To help stay up to date, give our YouTube Page a follow.
5 Easy Steps for Receiving Damaged Freight
5 Easy Steps for Receiving Damaged Freight

 

We are currently working on an updated logo for Millennium Shipping.  We hope to have it out within the next month. We have been working hard for nearly two years trying to find the right look.

We thank you for your time and, as always, appreciate any feedback you may have. Do you like the contest we have had recently?  What could we do better about our newsletter?

Sincerely,

Millennium Shipping Team

GET

$100
Referral Program

We are offering a reward program for any referrals we receive. For every account that is referred to us by you and that referral signs up, after their first shipment you’ll receive a $100 gift card to a store or restaurant of your choice.

Millennium Shipping |
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toddw@millenniumshipping.com |
https://www.millenniumshipping.com
Fax 305-402-0195888-666-3203,
FL
33025