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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. Seattle to Salt Lake City moved up to $1.90/mi. Falling Rates.

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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. While every market was down, the standouts were Philadelphia, Stockton, Los Angeles, and Seattle , which has slipped the most in the past month. Denver to Albuquerque was down 30¢ to $2.04/mile. Philly to Buffalo dropped 32¢ to $2.42/mile.

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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. There were some big drops in prices out of Seattle , but outbound rates there are still abnormally high.

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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. to Atlanta, rates rose on a handful of other lanes originating in the West: Seattle to Eugene , OR, added 9¢ to $3.07/mile. Rates rose 8¢ to $2.18/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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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. Seattle to Spokane, WA , dropped 44¢ to $3.23/mile, Denver to Phoenix rose 19¢ to $1.52/mile. FALLING LANES.

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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. Seattle to Eugene, OR had the biggest decline, down 26¢ to $2.26/mile. Seattle to Spokane also dropped 17¢ to $2.82/mile. For more than a month now, rates have averaged above $2.00/mile,