Ep. 36 | April 2024 Open-Deck Transportation Market Update and Forecast

Beyond The Road (The Transportation Industry Podcast)

Open-deck freight shipping is one of the most complicated segments of the transportation industry. The flatbed marketplace, although a vital piece of the U.S. economy, is influenced by external forces like weather and government spending.
If flatbed shipping holds a place in your supply chain, you'll want to ensure you do everything you can to keep these shipments running efficiently. Recently, trucking companies have faced unique constraints, making it difficult to keep their doors open and their drivers profitable.
But is the market on an upswing? Or, will rates remain depressed throughout 2024. In this episode of Beyond The Road, we'll discuss what's been going on with open-deck freight markets (capacity and rates) over the past 18 months, what drives demand in this area of the industry and what shippers can do to improve this section of their logistics going forward.
Topics covered in this episode:

• Overview of Open-Deck Trucking Markets in 2023
• Trucking Industry Cost Pressures | Current State
• What Drives Demand for Flatbed Shipping?
• What happens in April and Spring in Open-Deck Shipping
• How Open-Deck Trucking is Different this April
• Tips for Working With Your Open-Deck Carriers

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1. Topic Intro (00:00:00)

2. Overview of Open-Deck Trucking Markets in 2023 (00:02:20)

3. Trucking Industry Cost Pressures | Current State (00:08:51)

4. What Drives Demand for Flatbed Shipping? (00:11:39)

5. What happens in April and Spring in Open-Deck Shipping (00:16:50)

6. How Open-Deck Trucking is Different this April (00:19:57)

7. Tips for Working With Your Open-Deck Carriers (00:25:11)

8. Wrap-Up and Offers (00:29:27)