Back It Up: June 2024 Market Report
From the intrusion detection systems to regulatory challenges our June transportation market update.
From the intrusion detection systems to regulatory challenges our June transportation market update.
PGT Services is a premier transportation partner with over 40 years of expertise in the flatbed industry, specializing in the safe and efficient transportation of pipe and steel commodities across North America.
PGT Services partners with thousands of qualified, safety certified carriers throughout North America to create the most extensive flatbed network in the industry.
From the freight market stabilization to cargo thefts, explore our May transportation market update.
Door-to-door, international transportation flatbed services provide an efficient and streamlined transportation option.
From the noncompete ban to Baltimore bridge cleanup efforts, explore our April transportation market update.
From the Port of Baltimore cargo ship crash to the red sea decline, explore our March transportation market update.
Leveraging our carrier relationships in our Dry Van network, we have not only the capacity, but also the knowledge of what it takes to manage your truckload shipments.
We’re industry leaders in transporting pipe commodities. Our specialized equipment and experienced team ensure secure and efficient deliveries, meeting all your pipe transportation needs.
As February draws to a close, we look back on a month filled with both challenges and success. State officials celebrated the Port of Baltimore’s remarkable cargo handling in 2023, indicating a robust recovery from global supply chain disruptions. $180 million in federal funding will create 920 truck parking spaces along Interstate 4, addressing long-distance trucker’s rest stop shortages, with construction set to begin in mid-2026 in Seminole County. Continuing on with shortages, CDL schools are essential for addressing industry concerns by providing comprehensive education, effective candidate assessment, and preparation for diverse career paths.
Additionally, Commerce Department reported 3.2% GDP growth from Oct–Dec, slightly down from initial estimate. Despite this, US economy maintains growth above 2% for six consecutive quarters, showing resilience. Top shipping container manufacturer sees revenue surge in hydrogen sector, with projections for further growth by 2025, unveiling crucial technology for green hydrogen production. Discussions underway for new $1 billion container terminal at Tradepoint Atlantic, aiming to create 1,100 jobs by 2028, contingent upon addressing environmental concerns. As winter wraps up, we anticipate the industry’s upcoming events and developments.