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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

Department of Transportation has a plan to overcome supply chain issues, and it appears the Albuquerque metro could be a key ingredient. Federal leaders predict it’s only going to get busier in the future.

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Winter Alert: Winter Weather Conditions Developing Across Much of the US

GlobalTranz

All westbound lanes of I-40 near Albuquerque, NM are closed. I-10 is closed from Baton Rouge, LA to Lafayette, LA due to ice and accidents. Parts of I-44 are closed near Oklahoma City, OK. Parts of I-35 in Oklahoma are closed. Parts of I-20 in Texas are closed. Eastbound lanes of I-84 in Oregon's Columbia River Gorge are closed.

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Severe weather causes freight rates to slip

DAT Solutions

Denver to Albuquerque, NM increased to $2.07/mi. That led to an increase on the lane from Seattle to Salt Lake City , as an alternative to bringing in supplies from Denver. Seattle to Salt Lake City moved up to $1.90/mi. Memphis to Atlanta increased to $2.47/mi. Falling Rates.

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Mining Mountains of Data for Insights

Enterra Insights

6] Footnotes [1] Boian Alexandrov and Velimir ‘Monty’ Vesselinov, “ Finding the needles in ‘big data’ haystacks ,” Albuquerque Journal, 7 March 2021. [2] Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”[6]

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How much lower will freight rates fall?

DAT Solutions

The lane from Denver to Albuquerque is still one of your best bets for getting out of Colorado, but that lane lost 15¢ last week at $1.88/mile. We saw some spikes in prices out of Chicago two weeks ago as a result of that blast of Arctic weather, but those rates started to fall back to earth last week.

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How much lower will freight rates fall?

DAT Solutions

The lane from Denver to Albuquerque is still one of your best bets for getting out of Colorado, but that lane lost 15¢ last week at $1.88/mile. We saw some spikes in prices out of Chicago two weeks ago as a result of that blast of Arctic weather, but those rates started to fall back to earth last week.

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Looking for a Reefer Load? Try These 5 Markets

DAT Solutions

Albuquerque, NM, has been lighting up the Hot Market Map for a few weeks now. So if you take a load to Albuquerque from L.A. The backhaul is also strong at an average of $2.77 per mile, which yields an average roundtrip rate of $2.90 Load volumes and rates are still high in Chicago as well, but Chicago isn't hurting for trucks.