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Rates rise, but gains may be temporary

DAT Solutions

That pushed the load-to-truck ratio up 6%, signaling that demand outpaced truckload capacity. It's possible that the NFL playoff games and college bowl games increased demand from bars, restaurants and grocery stores. Denver to Albuquerque jumped 28¢ to $2.35/mile. Football also seems to be impacting reefer demand.

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Extra capacity takes a bite out of prices

DAT Solutions

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. Denver to Albuquerque was down 30¢ to $2.04/mile. Still, not many lanes had high higher rates last week.

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Spot Market Gets a Strong Start to May

DAT Solutions

Still, the previous week’s volume leaders were last week’s biggest rate gainers, and 52 of the top 100 van lanes saw higher rates, compared to the 37 which paid less. Houston rates jumped up 3% higher last week, and prices out of California are trending up due to tomato production. It still only averages $1.47/mile,

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Spot van rates poised for a rebound

DAT Solutions

Demand appears to be poised for a rebound, and rates may have hit bottom for the season. Denver to Albuquerque recovered 12¢ to $2.00/mile, Denver to Houston also added 12¢ at $1.37/mile, The load-to-truck ratio rose 3.5% loads per truck. mile, after a sharp drop in the previous week. FALLING RATES.

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Spot van rates poised for a rebound

DAT Solutions

Demand appears to be poised for a rebound, and rates may have hit bottom for the season. Denver to Albuquerque recovered 12¢ to $2.00/mile, Denver to Houston also added 12¢ at $1.37/mile, The load-to-truck ratio rose 3.5% loads per truck. mile, after a sharp drop in the previous week. FALLING RATES.

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Spot Market Seasonal Slowdown Begins. Sorta

DAT Solutions

Spot market demand tends to slow down in the middle of January, so it wasn’t surprising that load posts on DAT load boards edged down 4% last week. The energy sector also remains hot, which pushed prices higher out of Houston. Weather may also have been a factor in boosting Chicago’s average outbound rate above $3.00/mile,