Extra capacity takes a bite out of prices

DAT Solutions

That extra capacity cut the national van load-to-truck ratio nearly in half. Denver to Albuquerque was down 30¢ to $2.04/mile. Reefer load counts rebounded 25% last week after the New Year’s interruption, but once again there was plenty of capacity to handle the demand.

Severe weather causes freight rates to slip

DAT Solutions

In March so far, volumes are no better than February, and since capacity has been abundant, rates continue slipped. An abundance of capacity has caused van rates to move lower, even though freight volumes in 2019 are actually above previous years' levels.

End of Quarter Adds 11% to Van Demand

DAT Solutions

Van demand rose 11% last week, in the end-of-quarter rush , and truck capacity tightened by 2.9%. Albuquerque also has high load availability for vans, coupled with a shortage of trucks, as shown in this Hot States Map for the week of September 27 to October 3.

Rates rise, but gains may be temporary

DAT Solutions

Truckload capacity remained tight during the first week of 2019, and national average rates increased 3¢ for vans, reefers and flatbeds. That pushed the load-to-truck ratio up 6%, signaling that demand outpaced truckload capacity.

L.A. freight gets a tailwind from hurricanes and typhoons

DAT Solutions

loads per truck, with areas of tighter capacity along the West Coast. The ratio is a sensitive, real-time indicator of the balance between demand and capacity. Denver to Albuquerque got a 7¢ increase, to $2.18/mile.

7-Week Streak of Higher Rates Ends – For Now

DAT Solutions

The looser truckload capacity led to lower national averages for van and reefer rates, interrupting what had been seven straight weeks of increases. But capacity is only "loose" when compared to recent weeks. Denver to Albuquerque, NM , was down 33¢ to $2.04/mile.

Van and Reefer Operators Give Thanks for Rate Increases

DAT Solutions

Plus, when reefers are in high demand, van capacity tends to tighten up, too. Other Hot Markets include Albuquerque, Grand Rapids and Little Rock. Thanks in part to seasonal food items, rates are finally trending back up for vans and reefers.

Van Rates Adjust to Changing Holiday Demand

DAT Solutions

Truck posts rose 12%, which meant it was a little easier for shippers and brokers to find capacity. One of the few headhaul lanes out of Denver is to Albuquerque, NM , and it gained10¢ to $2.16/mile.

Top 10 Freight Markets for Contract and Spot Freight

DAT Solutions

For the markets with the highest ratio of contract freight to spot market freight you will find Albuquerque, NM, Flagstaff, AZ, and San Diego, CA. Current trends in freight can be explained by looking at the top ten contract markets by percentage of contract-spot mix.

Reefer Freight Market Still Has a Few Hot Spots

DAT Solutions

These "hot markets" may pay above-average rates for reefers: Albuquerque, NM; Lubbock, TX; Fayetteville, AR; Memphis and Nashville, TN; Cape Girardeau, MO; and Evansville, IN. July is the in-between season for refrigerated ("reefer") freight.

Van Rates Surge 6¢, Reefers Add 1¢

DAT Solutions

Albuquerque, NM. Daily maps, along with detailed information on demand, capacity and rates for individual markets and lanes, can be found in DAT Power Load Boards. Van rates jumped 6¢ last week, prompted by a 49% increase in load posts on DAT load boards.

Miami 99

How Long Will Van Rates Stay This High?

DAT Solutions

The tight capacity pushed spot market van rates higher across much of the country, as prices rose on 58 of the top 100 van lanes. One of the few head haul lanes out of Denver is to Albuquerque , but even it was down 13¢ at $1.96/mile.