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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. Memphis to Atlanta increased to $2.47/mi. Grand Rapids to Cleveland was down 29¢ to $3.85/mi. Falling Rates. Falling Rates.

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Spring surge delayed again

DAT Solutions

Atlanta to Memphis gained 7¢ to $1.64/mi. Memphis to Atlanta moved down 15¢ to $2.31/mi. Load-to-truck ratios stayed low for reefer freight last week, despite an increase in volume out of California and Arizona. Grand Rapids to Cleveland increased 29¢ to $4.14/mi. Falling rates. Reefer trends. Rising Rates.

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Spring Came Early in These Freight Markets

DAT Solutions

Rates got the biggest boosts out of Memphis, Atlanta and Seattle. Memphis to Chicago was also up 12¢ at $1.76/mile. Grand Rapids to Cleveland jumped up â–²50¢ to $3.34/mile. The biggest gains were in Atlanta, Memphis, and Baltimore. Memphis to Dallas was up â–²39¢ to $2.74/mile, mile on average.