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Severe weather causes freight rates to slip

DAT Solutions

The highways are open now, but there are still flood warnings in six states: Nebraska, parts of neighboring South Dakota, Iowa, and Minnesota, plus eastern Arizona and western Mississippi. National Average Freight Rates. Chicago to Los Angeles dropped to $1.51/mi. The van load-to-truck ratio declined last week to 1.6 VAN TRENDS.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 At the end of 2021, ocean freight rates were more than three times what they were throughout 2020.

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Reefer freight sizzles in South Texas

DAT Solutions

As we get closer to Christmas, a larger proportion of fresh fruit and vegetables are imported from Mexico through a handful of border crossings in California, Arizona, New Mexico, and Texas. McAllen to Chicago paid $2.03 Demand for fresh produce remains strong, even though most fall crops have already been harvested in the U.S.

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Spring Came Early in These Freight Markets

DAT Solutions

The number of loads available on the spot market last month was also up more than 100% compared to February 2016, which is a pretty good sign that the freight recession really is over. There were a lot more van loads available out of Chicago and Los Angeles. Chicago to Buffalo rates were up 15¢ to an average of $2.17/mile.

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Reefer rates rise as Florida hits its stride

DAT Solutions

Freight volumes surged about 25% out of both Miami and Lakeland, FL, and some lanes about of Florida saw rates jump as much as 85¢ per mile. California - Overall, California has been slower than usual, with freight volumes down about 3%, due to heavy rain. Arizona - Both volumes and rates remained about the same from the U.S./Mexico

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Spring surge delayed again

DAT Solutions

Flooding in the Midwest closed roads and rail lines, which will impact freight markets for weeks to come. National Average Freight Rates - March to-date. We may need to wait for April for real spring freight to hit. But despite all the bad news about weather and other disasters, freight volumes are actually up year-over-year.