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Severe weather causes freight rates to slip

DAT Solutions

A huge snowstorm in Denver last week closed three interstate highways: I-25, I-70 and I-76. 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. Rising Rates. Rising Rates.

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How much lower will freight rates fall?

DAT Solutions

Out West, Denver to Oklahoma City added 14¢ at $1.38/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. All rates below include fuel surcharges and are based on real transactions between brokers and carriers.

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Spot van rates poised for a rebound

DAT Solutions

Denver to Albuquerque recovered 12¢ to $2.00/mile, Denver to Houston also added 12¢ at $1.37/mile, Los Angeles to Denver lost 12¢ at $2.22/mile The biggest increases last week were in markets that usually have weak pricing: Seattle to Spokane jumped up 31¢ to $3.54/mile, FALLING RATES.

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How much lower will freight rates fall?

DAT Solutions

Out West, Denver to Oklahoma City added 14¢ at $1.38/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. All rates below include fuel surcharges and are based on real transactions between brokers and carriers.

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Van Rates Adjust to Changing Holiday Demand

DAT Solutions

Most of the big increases last week were out of Denver , where the average outbound rate jumped up 7%. Denver is what we typically refer to as a backhaul market, though, meaning that outbound loads usually pay a lot less than inbound loads. Denver to Phoenix rose 19¢ to $1.52/mile. RISING LANES.

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Rates rise, but gains may be temporary

DAT Solutions

The three largest price increases last week came out of Denver. Denver is a big beer producing market, with both large production breweries and smaller craft brewers shipping beer in vans and reefers. Denver to Albuquerque jumped 28¢ to $2.35/mile. Denver to Oklahoma City gained 21¢ to $1.41/mile.

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How Hurricane Florence affects freight

DAT Solutions

mile The two biggest increases were on lanes out of Denver , where outbound rates are typically low: • Denver to Oklahoma City was up 24¢ at $1.47/mile mile – low, but still higher than that lane has paid in more than a month • Denver to Albuquerque was up 25¢ to $2.24/mile

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