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. That region of New Mexico produces potatoes, onions, and beef that are shipped all over the country, leading to high volume on the load board. So if you take a load to Albuquerque from L.A. The national reefer rate average lost 5¢ last week, but there are still pockets in the country where reefer demand remains high.

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

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Cargo ships were re-routed or delayed en route to and from ports from Savannah to Baltimore. Ships in and near Hong Kong were delayed, which caused a disruption of traffic at the top U.S. It takes a couple of weeks for container ships to make their way across the Pacific, and the typhoon caused schedule disruptions at West Coast ports through the end of the September and beyond. Denver to Albuquerque got a 7¢ increase, to $2.18/mile.

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How Hurricane Florence affects freight

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DAT connects carriers with brokers and shippers who have urgent shipping needs, including FEMA loads. When disaster strikes, trucks are needed to get emergency supplies where they're needed most. But as has been the case with Hurricane Florence – which is anticipated to make landfall on the mid-Atlantic coast later this week – we're seeing how trucks are a big part of the preparation process before the storm, too.

Rates rise, but gains may be temporary

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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. Truckload capacity remained tight during the first week of 2019, and national average rates increased 3¢ for vans, reefers and flatbeds. However, rates declined on many of the highest volume lanes, so increases in the national averages could be temporary.

Delayed Produce Could Lead to a Busy May

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We’re hearing a lot about shipping gaps in California due to delays in planting because of an unusually wet winter, which explains the flat reefer volumes last week. 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.

Spot Market Gets a Strong Start to May

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From June to October last year, California shipped 500,000 loads of processed tomato products. Denver to Albuquerque has been more up-and-down than usual, and last week it fell 10¢ for an average of $1.64/mile. Early May brought higher spot market rates for each trailer type. For vans and reefers , the national averages were the highest they've been since January at $1.70/mile and $1.97/mile respectively.