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Extra capacity takes a bite out of prices

DAT Solutions

That extra capacity cut the national van load-to-truck ratio nearly in half. That said, outbound rates from Houston held up better than most markets, with a huge uptick in volumes. Houston to Oklahoma City rose 13¢ to $2.18/mile. Denver to Houston was up 13¢ to $1.37/mile.

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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. Denver to Albuquerque jumped 28¢ to $2.35/mile. Denver to Chicago added 20¢ to $1.52/mile.

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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. Los Angeles ranks #8 for spot market flatbed loads, behind Houston, Dallas, and Fort Worth in Texas; also behind Chicago, Cleveland, and surprising South Bend, IN in the Midwest.

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