April 1 - TL spot rates get lift from port bottlenecks | $755M truck parking bill, take 2

Lawmakers resurface $755M bill to fund truck parking spaces; Leonard's Express expands reefer capacity through M&A as spot rates rise View online | Signup | Forward

Daily Dive April​ 1,​ 2021 | Today's news and insights for transport leaders Note from the editor Every situation has winners and losers. And by some measures, trucking is among the winners of ongoing congestion and delays at the ports of Los Angeles and Long Beach. More imports create more demand for trucks, meaning higher spot rates on lanes out of Los Angeles. But it also puts transport firms up against a familiar challenge that never seems to dissipate: the driver shortage and capacity. Jim Stinson takes a deep dive into the connection between clogged ports, spot rates and capacity. You can check it out here. Thanks for reading. We're taking a publishing break for Good Friday and will be back in your inbox on Monday. Shefali Kapadia Senior Editor, Transport Dive Twitter | Email Was this email forwarded to you? Sign up here. Deep Dive Congested West Coast ports bring the heat to TL spot rates Delayed off the coast of the Golden State are a mix of consumer and industrial needs that are likely to keep capacity tight and truckers busy. UPDATED Lawmakers resurface $755M bill to fund truck parking spaces Congress said millions of dollars will help fix the shortage in available parking spots for commercial trucks, a years-long industry concern. Leonard's Express expands reefer capacity through M&A as spot rates rise The carrier is acquiring Holman Transportation Services, which hauls in the food and grocery, dairy, and frozen food industries. Read more news What We're Reading Seeking Alpha Schneider, Landstar and U.S. Xpress stocks cut at Stephens on valuation check American Journal of Transportation GSC Logistics to add 100 truckers as global trade booms Electrek Tesla secures order for 10 electric semi-trucks and 2 Megachargers Supply Chain Dive Walmart, H&M among retailers in US most exposed to Suez Canal disruptions Suggest a story we should read Dive Into a Topic Technology Regulatory Workforce Safety Operations Equipment Infrastructure Share Transport Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Transport Dive: Daily Dive. Here's your link to share: https://www.transportdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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