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Severe weather causes freight rates to slip

DAT Solutions

Road closures isolated Denver from parts of the supply chain last week. That led to an increase on the lane from Seattle to Salt Lake City , as an alternative to bringing in supplies from Denver. Denver to Albuquerque, NM increased to $2.07/mi. Grand Rapids to Cleveland was down 29¢ to $3.85/mi. Rising Rates.

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Extra capacity takes a bite out of prices

DAT Solutions

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. Grand Rapids to Cleveland climbed 39¢ to $2.82/mile. Philly to Buffalo dropped 32¢ to $2.42/mile.