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Severe weather causes freight rates to slip

DAT Solutions

Denver to Albuquerque, NM increased to $2.07/mi. Philadelphia to Miami fell 22¢ to $1.96/mi. That led to an increase on the lane from Seattle to Salt Lake City , as an alternative to bringing in supplies from Denver. Seattle to Salt Lake City moved up to $1.90/mi. Memphis to Atlanta increased to $2.47/mi. Falling Rates.

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Van Rates Surge 6¢, Reefers Add 1¢

DAT Solutions

Albuquerque, NM. Markets with rising rates included Los Angeles, Fresno, Grand Rapids, Rock Island, Philadelphia and Miami. TriHaul for Reefers: Atlanta - Miami - Charlotte - Atlanta. Miami is usually a dead end at this time of year. That combination boosted the load-to-truck ratio 33%, to 5.7 loads per truck.

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Extra capacity takes a bite out of prices

DAT Solutions

Denver to Albuquerque was down 30¢ to $2.04/mile. Miami to Baltimore fell another 50¢ to $1.62/mile. While every market was down, the standouts were Philadelphia, Stockton, Los Angeles, and Seattle , which has slipped the most in the past month. Philly to Buffalo dropped 32¢ to $2.42/mile.

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Rates rise, but gains may be temporary

DAT Solutions

Denver to Albuquerque jumped 28¢ to $2.35/mile. Miami to Baltimore slipped 75¢ to a more-normal $2.13/mile. Denver is a big beer producing market, with both large production breweries and smaller craft brewers shipping beer in vans and reefers. Denver to Oklahoma City gained 21¢ to $1.41/mile.

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Spot Truckload Rates Continue a Slow-and-Steady Climb

DAT Solutions

One more 9¢ drop: Denver to Albuquerque fell to $1.66/mile. Miami to Boston reefer rates were up 23¢ to $2.14/mile. Buffalo was mostly neutral last week, and volumes were up sharply in Denver. Houston to OKC dropped 9¢ to $1.80/mile mile last week. Memphis to Dallas also dipped▼9¢ to $2.09/mile.

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Delayed Produce Could Lead to a Busy May

DAT Solutions

Denver to Albuquerque rose 10¢ for an average of 1.76/mile. After interruptions caused by recent wildfires, produce was shipping out of Florida again, and the biggest rate increases were on lanes leaving the state: Miami to Northern New Jersey reefer rates were up 17¢ to $2.26/mile. Most changes were slight, though.