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What happened to all the Texas freight?

DAT Solutions

In the first half of the year, the spot market in Texas was boiling over, with not nearly enough trucks to cover the growing demand for freight. Regional van markets like Dallas and Memphis —which send freight to Houston—seem to be impacted by the slowdown in oil drilling as well. What happened? Map from DrillingInfo.com.

Texas 70
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December van rates broke a 6-year streak

DAT Solutions

For the first time since 2012, the national average van rate was lower in December than it was in November. Less freight moved last week, as businesses shut down for Christmas. Allentown, PA , was still a busy hub, and the lane to Cleveland rose 22¢ to $2.03/mile. Charlotte to Buffalo , up 52¢ to $2.59/mile.