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U.S. trucking firms predict tight capacity as loads head to storm zones

Reuters 

By Eric M. Johnson(Reuters) - Major trucking and logistics firms like XPO Logisitcs Inc, Daseke Inc and United Parcel Service Inc said capacity will shrink due to a rush of construction and repair shipments to big-box retailers and households across the storm-crippled U.S. Southeast, as analysts warned of higher shipping prices.The demand for lumber, generators, cleaning supplies and appliances for households and home improvement retailers such as Lowe's and Home Depot in Florida, Georgia, Alabama and the Carolinas as a result of damages from Hurricane Irma will fill trailers and containers ...

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First Published: Thu, September 14 2017. 16:42 IST
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