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Severe weather causes freight rates to slip

DAT Solutions

Denver to Albuquerque, NM increased to $2.07/mi. Declining lanes included: Elizabeth, NJ to Boston dropped 38¢ to $3.81/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. Falling Rates. Falling Rates.

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How much lower will freight rates fall?

DAT Solutions

Philly to Boston jumped up 16¢ to $3.43/mile. Allentown to Boston was also up 14¢ to $3.62/mile. 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. Rates out of both Philadelphia and Allentown, PA , were up 3%.

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How much lower will freight rates fall?

DAT Solutions

Philly to Boston jumped up 16¢ to $3.43/mile. Allentown to Boston was also up 14¢ to $3.62/mile. 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. Rates out of both Philadelphia and Allentown, PA , were up 3%.

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Spot Market Seasonal Slowdown Begins. Sorta

DAT Solutions

Philadelphia to Boston rates rose 35¢ to an average of $3.40/mile, While Philly to Boston rates were up, Allentown to Boston was down 35¢, but still higher at $4.12/mile. Denver to Albuquerque, NM, rates dropped 43¢ to $2.49/mile. mile, which is rare for vans in that market. RISING LANES.

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Load-to-Truck Ratios Drop for First Time Since ELD Mandate

DAT Solutions

Van rates are always high on the lane from Allentown to Boston to account for traffic, tolls, and the difficulty of finding loads out of Boston, but that lane hit what might have been an all-time high last week: Up 47¢ to an average of $4.47/mile. Denver to Albuquerque added 25¢ at $2.92/mile.

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Spot Truckload Rates Continue a Slow-and-Steady Climb

DAT Solutions

The average rate on each of these lanes hit their highest marks for the past 6 weeks: Philadelphia to Boston jumped up 27¢ to $3.34/mile. One more 9¢ drop: Denver to Albuquerque fell to $1.66/mile. Miami to Boston reefer rates were up 23¢ to $2.14/mile. Memphis to Columbus hit $1.89/mile, mile last week.

Denver 70
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Spot Market Gets a Strong Start to May

DAT Solutions

Philly to Boston also dipped 10¢ to $3.02/mile. Denver to Albuquerque has been more up-and-down than usual, and last week it fell 10¢ for an average of $1.64/mile. Outbound rates in the Northeast are trending down, so the 9¢ bump on the lane from Allentown, PA, to Richmond, VA at $2.07/mile mile bucked that trend.