Severe weather causes freight rates to slip

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.

How much lower will freight rates fall?

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Freight rates have been in decline since the calendar flipped to 2019. 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. Has money been a little tighter for your business lately?

How Hurricane Florence affects freight

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Big weather events like this usually affect the spot freight market in three stages. Before the storm , there’s urgency to move freight into the area or out of the way of the storm’s path.

How much lower will freight rates fall?

DAT Solutions

Freight rates have been in decline since the calendar flipped to 2019. 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. Has money been a little tighter for your business lately?

Top 10 Freight Markets for Contract and Spot Freight

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Current trends in freight can be explained by looking at the top ten contract markets by percentage of contract-spot mix. Top markets for van freight. For van freight, the top two contract markets are in southern California. England depend on longhaul freight out of the West.

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

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West Coast van freight heated up last week, especially in the Los Angeles market. In mid-September, we were focused on evacuating the Carolinas and diverting trucks and freight away from Hurricane Florence. Changes in the ratio often signal impending changes in freight rates.

Looking for a Reefer Load? Try These 5 Markets

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Albuquerque, NM, has been lighting up the Hot Market Map for a few weeks now. So if you take a load to Albuquerque from L.A. Freight RatesThe national reefer rate average lost 5¢ last week, but there are still pockets in the country where reefer demand remains high.

End of Quarter Adds 11% to Van Demand

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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 are derived from DAT RateView , and are based on actual rate agreements between freight brokers and carriers.

Spot van rates poised for a rebound

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DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.

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Spot van rates poised for a rebound

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.

Rates rise, but gains may be temporary

DAT Solutions

DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions.

How Will ELDs and Christmas Affect Van Rates?

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Late pushes to get freight in place before Christmas led to higher rates rose out of Buffalo and Allentown, PA. The distribution centers and warehouses in those markets serve the big population centers of the Northeast, so a lot of retail freight is being hauled to its final destination now.

Extra capacity takes a bite out of prices

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Plus, freight moves are less urgent at this time of year, so prices down were across the country. Denver to Albuquerque was down 30¢ to $2.04/mile.

Van Rates Respond to Seasonal Slowdown

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Canadian freight has been accelerating into the U.S., The biggest declines was out West, though: Denver to Albuquerque, NM , fell 35¢ to $2.18/mile. Van rates continued to moderate last week, and van load posts declined as we moved into February.

Reefer Demand Cools, Except in a Few Hot Spots

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Albuquerque continues to offer high load availability for reefers, coupled with a shortage of trucks. Rates were lackluster in the larger freight markets, however, as produce harvests wane and the back-to-school and Halloween merchandise has already been delivered to stores.

7-Week Streak of Higher Rates Ends – For Now

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Denver to Albuquerque, NM , was down 33¢ to $2.04/mile. It could be a case of Columbus being out of inventory, given the extra activity that happened out of there following Hurricanes Harvey and Irma, which meant freight going into Buffalo had to be sourced elsewhere.

Spot Market Gets a Strong Start to May

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Spot market van volumes slipped last week, with some energy sector freight leaving the van marketplace. Tomato harvests obviously equal more reefer freight, but processed and canned tomatoes in paste and sauces also lead to more van freight.

Delayed Produce Could Lead to a Busy May

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Van load counts were already up big last week, with an uptick in freight moving out of L.A. Denver to Albuquerque rose 10¢ for an average of 1.76/mile. Outbound averages fell in N ogales and Fresno , but that had more to do with a change in where the freight was going.

Load-to-Truck Ratios Drop for First Time Since ELD Mandate

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As expected, there was also a slowdown in freight pricing in the second week of January. But higher fuel costs and winter weather, combined with strong post-holiday freight volumes, have kept prices up in a lot of places. Denver to Albuquerque added 25¢ at $2.92/mile.

Spot Truckload Rates Continue a Slow-and-Steady Climb

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One more 9¢ drop: Denver to Albuquerque fell to $1.66/mile. Even though volumes were down in Florida , the wildfires and evacuations made it more expensive to move freight.

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Spot Market Seasonal Slowdown Begins. Sorta

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Some of that demand could have been due to re-scheduling of contract freight after snow and ice shut down bridges and highway on-ramps. Denver to Albuquerque, NM, rates dropped 43¢ to $2.49/mile.

Van and Reefer Operators Give Thanks for Rate Increases

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Other Hot Markets include Albuquerque, Grand Rapids and Little Rock. Rates are derived from DAT RateView and are based on actual rate agreements between freight brokers and carriers, in 65,000 point-to-point lanes throughout the U.S.

Van Rates Surge 6¢, Reefers Add 1¢

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Albuquerque, NM. Rates declined in Twin Falls, Dallas, Green Bay, and Atlanta, among other seasonal freight markets. Rates are derived from DAT RateView and are based on actual rate agreements between freight brokers and carriers.

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How Long Will Van Rates Stay This High?

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Retail freight is expected to be more plentiful this year, and port traffic is way up. One of the few head haul lanes out of Denver is to Albuquerque , but even it was down 13¢ at $1.96/mile.

Three Biggest Mistakes Made by Small Trucking Companies

Tailwind

Now while I can’t help you move freight from Des Moines to Albuquerque, through my trucking software work, I’ve had a chance to learn about some of the biggest mistakes small trucking companies make, and more importantly, how to avoid them.