The Less-than-Truckload market is more stable than other transportation markets at this time, but experiencing the beginnings of a capacity crunch as other modes get squeezed. LTL trends have historically followed Truckload trends. As Truckload spot market prices continues to rise, LTL will not be too far behind. However, not all carriers have the resources to weather this storm.
The information below is the most up-to-date information we have that is carrier specific regarding COVID-19. Please review our blog, The Mihlfeld Mile, for additional information by mode and general shipping updates in response to COVID-19.
As COVID-19 continues to spread across the United States, state and federal politicians are using terms like non-essential or critical infrastructure to classify businesses. There are few different purposes for the classification one being them to easily distinguish which organizations are necessary to health, safety, and security of the nation. There are 16 critical infrastructure sectors who are deemed vital. Within each of the Critical Infrastructure Sectors, there are specific industries that serve as the foundation of the sector. Below we list the 16 Critical Infrastructure Sectors and the Core Industries within each.