The Category 3 Hurricane Milton made landfall in Florida on Wednesday night, causing widespread devastation across the state and severely impacting local communities. The storm’s aftermath has triggered significant interruptions in supply chain operations throughout the region.
Port Operation:
The U.S. Coast Guard has announced the reopening of several commercial ports in Florida, Georgia, and South Carolina, although operations are still restricted as damage assessments and safety checks continue.
Freight Market:
Carriers are increasingly avoiding areas affected by Hurricane Milton, which is reflected in the rising outbound and inbound tender rejection rates, further straining capacity availability.
This situation is compounded by ongoing challenges, including the ILA strike and the recent impacts of Hurricane Helene, which continue to test the stability of the freight market. As the retail peak season approaches, the trucking industry’s resilience is facing added pressure amidst these disruptions.
Our thoughts and prayers go out to everyone affected by Hurricane Milton.