article thumbnail

2 Signs That the Freight Recession Really Is Over

DAT Solutions

Last week, the national load-to-truck ratio for vans was the highest it's been since March 2014. Projections for Central California produce are still strong for June, so we’re keeping an eye on the Fresno market, but those shipping gaps meant that rates didn’t continue their upward trend on many of the top reefer lanes.

Freight 90
article thumbnail

Van Rates Sag, Flatbeds Add 2¢, Before Q1 Closes

DAT Solutions

mile, up 2¢ to the highest rate since Summer 2014. NOT SO HOT : Denver , where outbound rates were down 0.5% HOT MARKETS : Rock Island , IL, is home to farm equipment manufacturers, who must have shipped a bunch of orders last week. They may go even higher before the end of this week. Flatbed : $2.52/mile, Reefer : $2.40/mile,

El Paso 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uber Freight: Another “Uber-for-Trucking”?

Freightos

Uber CEO Travis Kalanick was talking about logistics back in 2014 (although he called it “icing on the cake” back then). It maybe be 1,100 trucking miles from the Port of Long Beach to Denver, Colorado, but it’s 7,250 miles by boat first. Company that needs goods shipped. Owned by Roper Industries (S&P 500 company).

Freight 120
article thumbnail

2017 Outlook: The Freight Recession is Over

DAT Solutions

An 18-month malaise was triggered by the worldwide collapse of oil prices at the end of 2014. Instead, rates and volumes shot up in places like Memphis and Columbus, both associated with e-commerce fulfillment, and even Denver and Seattle exhibited unusually robust rates and shipping patterns. The freight recession is over.

Freight 138